Welspun Corp Limited (NSE:WELCORP)

Welspun Corp Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Revenue	175,699	167,701	139,775	173,396	97,581	65,051
Revenue	175,699	167,701	139,775	173,396	97,581	65,051
Revenue Growth	13.62%	19.98%	-19.39%	77.69%	50.01%	-9.05%
Cost of Revenue	107,560	103,564	89,730	121,761	72,040	47,948
Gross Profit	68,139	64,138	50,045	51,635	25,542	17,103
Selling, General & Admin	13,684	13,446	10,726	9,928	5,623	3,909
Other Operating Expenses	28,167	27,434	22,459	25,521	14,557	8,257
Operating Expenses	46,248	44,425	36,695	38,927	23,209	14,713
Operating Income	21,891	19,713	13,350	12,708	2,332	2,390
Interest Expense	-1,762	-2,051	-3,110	-2,957	-2,259	-940.6
Interest & Investment Income	1,048	1,048	916.3	950.9	928.1	1,650
Earnings From Equity Investments	3,122	3,423	2,312	1,567	752.1	-57.2
Currency Exchange Gain (Loss)	-909.4	-909.4	185	160.8	-356.3	5
Other Non Operating Income (Expenses)	529.3	43.9	167.7	295	11.1	29.2
EBT Excluding Unusual Items	23,919	21,267	13,820	12,725	1,408	3,077
Gain (Loss) on Sale of Investments	5,602	122.6	4,149	1,399	810.1	3,497
Gain (Loss) on Sale of Assets	18.3	18.3	-161.1	90.7	1,118	-70
Legal Settlements	32.4	32.4	-17.5	-	-	-
Other Unusual Items	-0.2	-0.2	4,657	-573.1	-	-
Pretax Income	29,597	21,465	22,619	14,135	3,336	6,606
Income Tax Expense	5,889	5,260	3,596	2,775	1,345	2,164
Earnings From Continuing Operations	23,708	16,205	19,023	11,360	1,992	4,442
Net Income to Company	23,708	16,205	19,023	11,360	1,992	4,442
Minority Interest in Earnings	-27.9	-74.4	58.6	-256	75.2	-53.6
Net Income	23,680	16,131	19,081	11,104	2,067	4,388
Net Income to Common	23,680	16,131	19,081	11,104	2,067	4,388
Net Income Growth	9.47%	-15.47%	71.84%	437.23%	-52.90%	-42.83%
Shares Outstanding (Basic)	264	263	262	262	261	261
Shares Outstanding (Diluted)	264	264	263	262	262	262
Shares Change	0.00%	0.06%	0.38%	0.14%	0.16%	0.01%
EPS (Basic)	89.82	61.23	72.80	42.45	7.91	16.82
EPS (Diluted)	89.78	61.20	72.44	42.32	7.89	16.77
EPS Growth	9.47%	-15.52%	71.17%	436.37%	-52.95%	-42.84%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	33,945	6,721	6,509	10,070	-13,793	-7,607
Free Cash Flow Per Share	128.69	25.50	24.71	38.38	-52.64	-29.08
Dividend Per Share	-	5.000	5.000	5.000	5.000	5.000
Dividend Growth	-	0%	0%	0%	0%	0%
Gross Margin	38.78%	38.25%	35.80%	29.78%	26.17%	26.29%
Operating Margin	12.46%	11.76%	9.55%	7.33%	2.39%	3.67%
Profit Margin	13.48%	9.62%	13.65%	6.40%	2.12%	6.75%
Free Cash Flow Margin	19.32%	4.01%	4.66%	5.81%	-14.13%	-11.69%
EBITDA	25,932	22,902	16,564	16,009	5,175	4,732
EBITDA Margin	14.76%	13.66%	11.85%	9.23%	5.30%	7.27%
D&A For EBITDA	4,040	3,189	3,214	3,301	2,842	2,342
EBIT	21,891	19,713	13,350	12,708	2,332	2,390
EBIT Margin	12.46%	11.76%	9.55%	7.33%	2.39%	3.67%
Effective Tax Rate	19.90%	24.51%	15.90%	19.63%	40.30%	32.76%
Revenue as Reported	177,537	169,054	141,673	175,821	100,781	70,563
Advertising Expenses	-	836.3	550.2	434.4	79.1	46.4

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 1, 2026

Data Sources Report a data error