Welspun Corp Limited — Important, 05-02-2025: General Updates

Welspun Corp Ltd has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. Key financial highlights reveal a total income of ₹3,657 crore for Q3FY25 with an EBITDA of ₹478 crore, reflecting a sequential growth of 9% and 3% respectively. Net profit saw a rise to ₹675 crore, maintaining a healthy margin of 13%. The company’s order book stands robust at over ₹15,000 crore, supported by diverse projects across core geographies, primarily India, the USA, and KSA, indicating a positive outlook for continued growth. The ongoing Jal Jeevan Mission is expected to sustain demand in the ductile iron pipes segment, while strategic investments in manufacturing facilities and product lines demonstrate a clear focus on long-term value creation. Overall, WCL appears well-positioned to exceed annual EBITDA guidance and maintain strong financial health.