Welspun Enterprises Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Welspun Enterprises has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenues jumped 25% YoY to Rs 3,584 Cr, with profit after tax rising to Rs 383.57 Cr from Rs 348.84 Cr last year. Growth was strong across transport, water, and tunneling segments. The company increased its stake in subsidiary Welspun Michigan Engineers to 60.09%. A final dividend of Rs 3 per share has been proposed. Net debt rose reflecting ongoing capex and working capital needs.