Welspun Enterprises shares in focus: Company to raise ₹1,000 crore; Q2 net profit grows 59% YoY to ₹98 crore

It had clocked a net profit of ₹61.56 crore in the September quarter of FY25, the company said in an exchange filing.

Total income fell 4% YoY to ₹803.26 crore in the quarter under review from ₹837.92 crore seen in the July-September period of FY25.

During the reporting quarter, Welspun Enterprises trimmed expenses to ₹677.42 crore from ₹736.33 crore logged in the same period a year ago.

"We continue to sustain strong growth momentum, delivering a 17% year-on-year rise in EBITDA and achieving a record-high consolidated EBITDA margin of 23.9% in Q2 FY26. We remain on track to meet our annual revenue guidance of ₹4,000 crore at a consolidated level," Managing Director Sandeep Garg said.

The company recently won a 910 MLD (million litre a day) water treatment plant project at Panjrapur, Maharashtra.

"Together with the ongoing 2,000 MLD Bhandup project, we will soon be treating nearly 70% of Mumbai's freshwater requirement," it said.

Welspun Enterprises Q2: Other key details

The company further said that it was witnessing strong traction in BOT Toll (Build-Operate-Transfer) and HAM (Hybrid Annuity Model) projects in transportation, as well as in water projects across river interlinking, treatment, and desalination.

Expanding opportunities in the tunnelling segment for both transport and water are also on the horizon.

"We continue to evaluate these prospects and will bid selectively for projects that meet our return benchmarks," it said.

Welspun Enterprises fundraising details

The company said it is also in the process of raising ₹1,000 crore through a preferential issue of warrants via private placement, including to the promoter group, reflecting continued confidence in our long-term growth strategy, to capitalise on upcoming opportunities.

Welspun Enterprises Ltd (WEL), part of Welspun World, is an infrastructure development company focusing on transportation, water and wastewater, and tunnelling segments.

The company also has investments in oil & gas exploration. Backed by experienced management and strong parentage, WEL, along with its subsidiary Welspun Michigan Engineers, has a proven track record with the execution of water infrastructure projects and over 1,000 kms of road projects.