Shares of Welspun Enterprises will be in focus on Wednesday, November 12, after the company announced key changes in its senior management alongside the release of its September quarter results. The Board, at its meeting held on November 11, 2025, approved the appointment of Mr. Abhishek Chaudhary, currently the company’s CEO and Key Managerial Personnel (KMP), as CEO – Transportation Vertical (Senior Managerial Personnel).
He will continue to report to the Managing Director and oversee operations within the transportation business. Mr. Asim Chakraborty, who previously held the position, will transition to the role of Executive Director (SMP) within the organisation.
The company also re-designated Mr. Hardik Dhebar, Chief Financial Officer of subsidiary Welspun Michigan Engineers Ltd. (WMEL), as President – Finance & Accounts (WEL). He will additionally lead the Investor Relations function while continuing his responsibilities as CFO of WMEL.
The Board meeting commenced at 11:30 a.m. and concluded at 5:30 p.m. These changes took effect from November 11, 2025, as confirmed in the company’s regulatory filing.
Q2 FY26 performance
For the quarter ended September 30, 2025, Welspun Enterprises reported a net profit of Rs 98.08 crore, a 61% increase year-on-year compared to Rs 61.56 crore in Q2 FY25. Sequentially, profit declined 14% from Rs 113.74 crore in Q1 FY26.
The company’s total income stood at Rs 803.26 crore, compared to Rs 837.92 crore in Q2 FY25 and Rs 870.62 crore in Q1 FY26. Profit before tax rose 24% YoY to Rs 125.65 crore from Rs 101.52 crore a year ago.
Stock performance
On November 11, the company’s shares closed 1.64% higher at Rs 560.05 on the NSE, compared to the previous close of Rs 551. During the session, the stock traded between Rs 545.90 and Rs 567.85, valuing the company at a market capitalization of Rs 7,657 crore.
The stock has a 52-week range of Rs 400.05 to Rs 655, a P/E ratio of 24.58, and a dividend yield of 0.54%.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
