Welspun Corp Q2 FY27 consolidated revenue Rs 4,644.00 cr, PAT Rs 499.00 cr

What the numbers show

• Net margin was 10.75% of revenue, up 68 bps from 10.06%.

• Revenue rose 6.2% while total expenses rose 3.5%.

• Basis & period: Consolidated statement of financial results, quarter ended 30 September, 2026 vs quarter ended 30 September, 2025 (P&L snapshot: Q2 & H1 FY27 in the investor presentation).

• Revenue from Operations (Q2 FY27): Rs 4,644.00 cr
  Revenue from Operations (Q2 FY26): Rs 4,374.00 cr

• Other Income (Q2 FY27): Rs 55.00 cr
  Other Income (Q2 FY26): Rs 35.00 cr

• Total Expenses (Q2 FY27): Rs 3,917.00 cr
  Total Expenses (Q2 FY26): Rs 3,783.00 cr

• EBITDA (Q2 FY27): Rs 782.00 cr
  EBITDA (Q2 FY26): Rs 626.00 cr

• Depreciation and Amortisation (Q2 FY27): Rs 129.00 cr
  Depreciation and Amortisation (Q2 FY26): Rs 84.00 cr

• Finance Cost (Q2 FY27): Rs 38.00 cr
  Finance Cost (Q2 FY26): Rs 49.00 cr

• Profit before tax and share of JVs (Q2 FY27): Rs 614.00 cr
  Profit before tax and share of JVs (Q2 FY26): Rs 493.00 cr

• Share of profit/(loss) from Associates and JVs (Q2 FY27): Rs 42.00 cr
  Share of profit/(loss) from Associates and JVs (Q2 FY26): Rs 96.00 cr

• Exceptional Items (Q2 FY27): -
  Exceptional Items (Q2 FY26): --

• PAT after Minorities, Associates & JVs (Q2 FY27): Rs 499.00 cr
  PAT after Minorities, Associates & JVs (Q2 FY26): Rs 440.00 cr

• EPS (Q2 FY27): 18.9
  EPS (Q2 FY26): 16.7

• PAT without Exceptional Items (Q2 FY27): Rs 499.00 cr
  PAT without Exceptional Items (Q2 FY26): Rs 440.00 cr

According to the P&L snapshot for Q2 & H1 FY27 in the investor presentation, consolidated revenue from operations for Q2 FY27 was Rs 4,644.00 cr, compared with Rs 4,374.00 cr in Q2 FY26. Other income rose to Rs 55.00 cr from Rs 35.00 cr over the same period. Total expenses increased to Rs 3,917.00 cr from Rs 3,783.00 cr.

EBITDA for Q2 FY27 was Rs 782.00 cr versus Rs 626.00 cr in Q2 FY26. Depreciation and amortisation for the quarter stood at Rs 129.00 cr, up from Rs 84.00 cr a year earlier, while finance cost declined to Rs 38.00 cr from Rs 49.00 cr.

Profit before tax and share of JVs in Q2 FY27 was Rs 614.00 cr, compared with Rs 493.00 cr in Q2 FY26. Share of profit/(loss) from associates and JVs was Rs 42.00 cr in Q2 FY27, against Rs 96.00 cr in the year-ago quarter. There were no exceptional items reported for Q2 FY27 or Q2 FY26 in the P&L snapshot table.

PAT after minorities, associates and JVs came in at Rs 499.00 cr for Q2 FY27, up from Rs 440.00 cr in Q2 FY26. EPS for the quarter was 18.9, compared with 16.7 in the corresponding quarter of the previous year. The table also presents PAT without exceptional items at Rs 499.00 cr for Q2 FY27 and Rs 440.00 cr for Q2 FY26, matching the reported PAT after minorities, associates and JVs for both quarters.