Welspun Corp shares gained more than 2% in morning trade on Friday after the company reported a strong set of numbers for the September quarter (Q2 FY26), driven by healthy growth in revenue and profitability. As of 9:40 AM, the shares were trading 1.70% higher at Rs 941.90.

On a consolidated basis, revenue for the quarter jumped 32.5% year-on-year to ₹4,374 crore, compared to ₹3,302 crore in the same period last year. The company’s EBITDA rose 47.9% to ₹591 crore from ₹400 crore, with margins improving to 13.5% from 12.1% a year ago.

Net profit surged 53.2% year-on-year to ₹440 crore, up from ₹287 crore in Q2 FY25, supported by strong operational performance and better product mix.

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TOPICS: Welspun Corp