Welspun Living Sticks to ₹15,000 Cr 2028 Revenue Goal Despite "Washout" FY26

• Welspun Living MD & CEO Dipali Goenka confirms the company's commitment to its ₹15,000 crore revenue target by 2028, despite FY26 being a "washout" year.
• FY26 saw significant challenges, including a 14-15% revenue decline and margin contraction, driven by US tariffs, inflation, and a broad export slowdown.
• The company plans to defend its US market share (60% of business) and leverage its strong balance sheet as a "war chest" against tough global conditions.
• Welspun is diversifying into other overseas markets (UK, Europe, Australia, New Zealand, Middle East) and accelerating domestic growth, targeting ₹1,000 crore in 2-3 years.
• The earlier goal of becoming net-debt free by FY28 has been revised; Welspun is now comfortable carrying ₹1,000 crore debt to fund future investments and growth initiatives.

Why It Matters: Welspun Living remains confident in its 2028 revenue target, navigating challenges with strategic growth.