Welspun Corp Q4 profit falls 47% despite higher revenue, EBITDA growth

Welspun Corp reported a 47% year-on-year decline in consolidated net profit at ₹370.4 crore for the fourth quarter of FY26, compared with ₹698.3 crore in the corresponding period last year, largely due to lower exceptional gains versus the year-ago quarter.

Despite the drop in profitability, the company reported healthy operational growth during the quarter.

Revenue from operations rose 9.9% year-on-year to ₹4,312.6 crore from ₹3,925 crore, while EBITDA increased 9.5% to ₹503.8 crore from ₹460.2 crore a year earlier. EBITDA margin remained stable at 11.7%.

The board of directors recommended a final dividend of ₹5 per equity share of face value ₹5 each, equivalent to 100% of the face value, for the financial year ended March 31, 2026. The proposed dividend is

subject to shareholder approval at the company’s upcoming annual general meeting.

Separately, the board approved the sale of 48,599 equity shares representing a 26% stake in Clean Max Dhyuthi Private Limited to promoter group company Welspun Living Limited for ₹7.6 crore. Following completion of the transaction, Clean Max Dhyuthi will cease to be an associate company of Welspun Corp.

Ahead of the earnings announcement, shares of Welspun Corp settled 0.94% higher at ₹1,329.10 on the NSE on Thursday.

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