Welspun Specialty Q2 FY27: Revenue Rs 240.33 cr, Net loss Rs 4.51 cr

What the numbers show

• Net margin was -1.88% of revenue, down 591 bps from 4.04%.
• Total expenses rose 5.5% while revenue rose 0.5%.

• Revenue from operations (quarter ended 30-Sep-26): Rs 240.33 cr vs Rs 239.08 cr a year ago
• Other income: Rs 1.67 cr vs Rs 3.63 cr
• Total income: Rs 242.00 cr vs Rs 242.71 cr
• Cost of materials consumed: Rs 244.84 cr vs Rs 179.03 cr
• Changes in inventories of finished goods and work-in-progress: Rs (67.53) cr vs Rs (12.55) cr
• Employee benefits expense: Rs 11.98 cr vs Rs 12.13 cr
• Finance costs: Rs 3.47 cr vs Rs 4.36 cr
• Depreciation and amortisation expense: Rs 4.81 cr vs Rs 4.08 cr
• Other expenses: Rs 14.08 cr vs Rs 14.00 cr
• Total expenses: Rs 245.85 cr vs Rs 233.06 cr
• Profit / (Loss) before tax: Rs (3.85) cr vs Rs 9.65 cr
• Net profit / (loss) for the period: Rs (4.51) cr vs Rs 9.65 cr
• Earnings per share – Basic: Rs (0.07) vs Rs 0.14
• Earnings per share – Diluted: Rs (0.07) vs Rs 0.14

According to the statement of unaudited financial results for the quarter ended 30-Sep-26 (standalone), Welspun Specialty Solutions Limited’s revenue from operations was Rs 240.33 cr, marginally higher than Rs 239.08 cr in the corresponding quarter ended 30-Sep-25. Including other income of Rs 1.67 cr (vs Rs 3.63 cr a year earlier), total income stood at Rs 242.00 cr compared with Rs 242.71 cr in the same quarter last year.

Total expenses for the quarter were Rs 245.85 cr, up from Rs 233.06 cr in the corresponding prior period. Within this, cost of materials consumed increased to Rs 244.84 cr from Rs 179.03 cr, while changes in inventories of finished goods and work-in-progress were Rs (67.53) cr versus Rs (12.55) cr. Employee benefits expense was Rs 11.98 cr compared with Rs 12.13 cr, finance costs were Rs 3.47 cr versus Rs 4.36 cr, and depreciation and amortisation expense rose to Rs 4.81 cr from Rs 4.08 cr. Other expenses were Rs 14.08 cr, broadly in line with Rs 14.00 cr in the year-ago quarter.

With total income of Rs 242.00 cr and total expenses of Rs 245.85 cr, profit / (loss) before tax for the quarter was Rs (3.85) cr, compared with a profit before tax of Rs 9.65 cr in the same quarter last year. After income tax expense/(credit) of Rs 0.66 cr in the current quarter (vs nil in the corresponding quarter), net profit / (loss) for the period was Rs (4.51) cr, against net profit of Rs 9.65 cr a year earlier. Basic and diluted earnings per share for the quarter were Rs (0.07), compared with Rs 0.14 in the corresponding prior period, as per the statement of financial results.