Homegrown Welspun Corp Limited (WCL) on Friday (September 26) announced the receipt of a new export order for the supply of large-diameter line pipes for oil and gas applications from one of its prestigious clients in the Middle East. The order will be serviced from the company’s Indian facility.

Since its last announcement on June 4, 2025, Welspun Corp has secured additional orders cumulatively valued at around ₹1,600 crore for its India line pipe facility.

Also Read: Welspun Corp wins additional orders worth ₹1,950 crore for pipes facility since February 5

With the latest wins, the company’s consolidated global order book now stands at approximately ₹18,000 crore, providing business visibility and continuity across its operations in the USA and India. The order book is scheduled to be executed during FY26 and FY27.

First Quarter Results

Welspun Corp reported a 41.2% year-on-year (YoY) jump in net profit at ₹350.4 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Welspun Corp posted a net profit of ₹248 crore. The company’s revenue from operations increased 13.2% to ₹3,551.5 crore as against ₹3,137.2 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA jumped 40.4% to ₹526 crore in the first quarter of this fiscal over ₹374.4 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 15% in the reporting quarter as compared to 12% in the corresponding period in the previous fiscal.

Also Read: Welspun Corp wins new orders worth ₹2,400 crore for supply of coated pipes in the US

Shares of Welspun Corp Ltd ended at ₹859.00, down by ₹16.15, or 1.85%, on the BSE.