Welspun Corp Secures Orders Worth Rs 1,000 Cr, Shares Gain
Companies

Welspun Corp Secures Orders Worth Rs 1,000 Cr, Shares Gain

The company states that its consolidated global order book now stands at Rs 24,700 crore

Shares of Welspun Corp gained nearly 4 per cent on Monday after the company secured a large order valued at around Rs 1,000 crore for supply of pipes from the firm’s United States facility. The company’s shares rose 3.93 per cent to Rs 849.9 on Monday on the Bombay Stock Exchange.

“We are pleased to announce the receipt of a large order for supply of pipes from our US facility valued at approximately Rs 1,000 crore,” the company said in an exchange filing. With this latest order and orders secured since its last notification on 30 January 2026, the company’s consolidated global order book now stands at Rs 24,700 crore (approximately USD 2.6 billion), giving business visibility and continuity both at India and USA assets.

The company said that order book will be executed over the next few years (FY26, FY27 and FY28). The company posted a 25 per cent year-on-year (YoY) increase in its total income during the third quarter of the current financial year, which rose to Rs 4,532 crore in Q3FY26. Domestic line pipes business maintained its strong performance trajectory, driven by better product mix and focus on export business.

The company’s Q3 results showed that it maintained record high order book of around Rs 23,600 crore, including line pipes (India and US), ductile iron pipes and stainless steel bars and pipes. Despite around Rs 1,722 crore capital expenditure (capex), net cash position maintained with Rs 132 crore cash balance

Leave a Reply

Discover more from BW Retail World

Subscribe now to keep reading and get access to the full archive.

Continue reading