Welspun Specialty Solutions Ltd — Others, 08-07-2025: Others

Welspun Specialty Solutions Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income of ₹749.1 Cr with EBITDA of ₹56.2 Cr for FY25, reflecting a 4% growth in revenue but a decline in EBITDA compared to the previous year. Despite a net loss of ₹4.09 Cr, the company strengthened its financial position by raising ₹350 Cr through an oversubscribed rights issue, which was largely utilised for debt repayment, making the company debt free. Major operational highlights included securing a record 4,050 MT order from BHEL for super-critical boiler tubes and receiving AS 9100D certification for aerospace applications. The firm emphasizes value-added product focus, innovation with new steel grades like Welsonic-60 and Super-13Cr, and expanded market presence including exports to South Africa. Sustainability efforts saw a 12% reduction in emission intensity and renewable energy usage rising to 31%. Management remains optimistic on improved profitability driven by higher capacity utilization and domestic demand under ‘Make in India’. No dividend has been declared for FY25.