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Welspun Specialty slides on reporting dismal Q1 PAT

23-Jul-2025 | 12:13
Welspun Specialty Solutions (WSSL) declined 3.12% to Rs 33.82 after the company reported a standalone net loss of Rs 0.75 crore in Q1 FY26, compared to a net profit of Rs 1.95 crore posted in Q1 FY25.
However, revenue from operations jumped 24.19% year-on-year (YoY) to Rs 201.32 crore in the quarter ended 30 June 2025.

The company posted a pre-tax loss of Rs 0.75 crore in Q1 FY26, compared to a profit before tax of Rs 2.60 crore recorded in the same quarter last year.

During the quarter, EBITDA fell 17% to Rs 140 crore, compared with Rs 168 crore in Q1 FY25.

In volume terms, stainless steel (SS) bars stood at 7,425 MT in Q1 FY26, up 56.71% compared to 4,738 MT in Q1 FY25. Stainless steel pipes decreased 25.54% to 848 MT in Q1 FY26, down from 1,139 MT in Q1 FY25.

Welspun Specialty Solutions (Erstwhile RMG Alloy Steel) is a world class manufacturer of best-in-class alloy & stainless-steel products that are globally benchmarked. It is the only integrated producer of quality stainless steel pipes & tubes right from steelmaking to the finished products.

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