Welspun Specialty Solutions Reports Q Results for Quarter Ended June 30, 2026

Welspun Specialty Solutions Reports Q Results for Quarter Ended June 30, 2026

Welspun Specialty Solutions Reports Q Results for Quarter Ended June 30, 2026​

Welspun Specialty Solutions Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company, which specializes in manufacturing stainless steel products, reported a net profit of 516 lakhs during the period.

The Board of Directors considered and approved these results. The figures were subject to a Limited Review Report by the Statutory Auditors, BS R & Co. LLP.

Financial Highlights for Q Ended June 30, 2026​

For the quarter ended June 30, 2026, Welspun Specialty Solutions recorded a Total Income of 19,746 lakhs. This included 19,367 lakhs from revenue from operations and 379 lakhs from other income. The company’s total expenses for the quarter amounted to 19,272 lakhs.

The performance figures across various periods are detailed below:

ParticularQuarter Ended June 30, 2026 (Unaudited)Quarter Ended March 31, 2026 (Audited)Quarter Ended June 30, 2025 (Unaudited)Year ended March 31, 2026 (Audited)
Total Income19,74622,16021,10290,419
Net Profit/(Loss)516426(75)2,267
Total Comprehensive Income/(Loss)552435(3)2,217

Expense Breakdown and Key Metrics​

Expenses:
Total expenses for the quarter ended June 30, 2026, stood at 19,272 lakhs. This included 10,908 lakhs spent on cost of materials consumed. Other significant operating expenses included 1,804 lakhs for Power and Fuel expense and 1,432 lakhs for other expenses.

Profitability:
The company recorded a Profit before tax of 474 lakhs in the quarter ended June 30, 2026. After accounting for a total tax expense/(credit) of (42) lakhs, the net profit for the period was 516 lakhs.

Share Capital and Earnings:
Paid up equity share capital remained consistent at 39,756 lakhs. For the quarter ended June 30, 2026, earnings per basic share were recorded at 0.08 in Rs., while earnings per diluted shares stood at 0.08.

Review and Accounting Notes​

The results were reviewed by BS R & Co. LLP, Chartered Accountants. The firm stated that based on its review conducted according to the Standard on Review Engagements (SRE) 241, nothing came to their attention that indicated a material misstatement in the accompanying Statement.

One note highlighted the redemption of 5,09,04,271 '12% Non-Cumulative Redeemable Preference Shares' aggregating to Rs. 5,090 lakhs during the quarter ended June 30, 2025.

WELSPLSOL Stock Price Movement​

Today, shares of Welspun Specialty Solutions Limited edged higher to close at an indicative price of ₹54.24, marking a gain of 3.59%. The stock settled on a traded volume of 753,320 shares during the session.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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