Welspun Corp Limited - 532144 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will participate in person in the Jefferies India Access Day Investor Conference, as per attached schedule. Welspun Corp Limited - 532144 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please see attached Q4 FY 24 Conference Call Transcript. Welspun Corp Limited - 532144 - Exercise Of Employee Stock Options (Esops)
Please see attached disclosure.
Welspun Corp. Associate Bags Rs 3,670-Crore Contract From Aramco
The duration of the contracts is 19 months, and the financial impact of the contracts will be reflected from the fourth quarter of the financial year 2024-25 to the last quarter of the financial year 2025-26. Welspun Corp Limited - 532144 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Please see attached disclosure. Welspun Corp Limited - 532144 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please see attached Newspaper Publication. Welspun Corp Limited - 532144 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please see attached Q4 FY 2023-24 Conference Call Recording. FY24 Annual Result Announced for Welspun Corp Ltd.
Iron & Steel Products company Welspun Corp announced FY24 results: Total Income surged to Rs 17,582 crore, marking a remarkable growth of 74% compared to FY23 figure of Rs 10,078 crore. EBITDA for FY24 soared to Rs 1,804 crore, exhibiting a substantial increase of 124% from FY23 value of Rs 805 crore. Profit After Tax (PAT) witnessed an extraordinary growth, skyrocketing to Rs 1,110 crore in FY24, which is 5.4 times higher than the FY23 figure of 207 crore. Return on Capital Employed (ROCE) significantly improved to 20% in FY24, reflecting a noteworthy increase of 1200 basis points (bps) from the FY23 level of 8%. Net Debt experienced a substantial reduction to Rs 387 crore in FY24, demonstrating a remarkable decline of 66% compared to FY23 value of Rs 1,138 crore. B. K. Goenka, Chairman, Welspun Group said, “I am pleased to share that we have satisfactorily surpassed our guidance for FY24 offsetting many global macroeconomic and geopolitical challenges. This was possible due to all round performance by our pipe solutions and building material verticals. Steady and consistent improvement has been witnessed in our new businesses. I am confident of significant improvement in our DI Pipes and Sintex businesses going forward backed by exponential growth opportunity in Water sector. Strong focus of the government on the infrastructure segment as a whole augurs well for our line pipes and steel businesses in India. Our overseas operations are also expected to continue performing satisfactorily backed by strong visibility. As we move forward, I see further ramp up in our new operations. From the laid out plans for our Sintex business, I see significant value creation for all our stake holders.” “Our focus on sustainability has been yielding fruits as we continue to achieve higher milestones and our latest DJSI ESG rating is a testimony of the same” he added. Result PDF
Welspun Corp Shares Fall After Q4 Operating Profit Declines
The iron and steel producers' earnings before interest, tax, depreciation and amortisation, or Ebitda, fell 21.5% year-on-year to Rs 330 crore during the quarter ended March 2024. Welspun Corp Limited - 532144 - Compliances-Reg. 54 - Asset Cover details
Please see attached quarterly security cover certificate.