Welspun Corp Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Welspun Corp has announced a board meeting on May 28, 2025, approving audited consolidated results for FY25. The company reported a strong net profit of Rs 1,902 Cr on revenues of Rs 13,978 Cr, showcasing solid growth amid supply chain challenges. A final dividend of 100% (Rs 5/share) has been proposed. Welspun plans to raise up to Rs 500 Cr through commercial papers/NCDs for working capital. Strategic moves include a $125 million LSAW pipe plant in the US, capacity upgrades at Anjar and Bhopal, while the DRI project at Anjar remains on hold. Secretarial auditors were appointed for five years.