Welspun Corp to Exceed Profit Target, Eyes Sintex Turnaround by FY27

• Welspun Corp expects to surpass its full-year earnings guidance, aiming for ₹2,500 crore EBITDA, up from an initial ₹2,200 crore.
• Managing Director Vipul Mathur anticipates 15% year-on-year EBITDA growth for FY27, driven by strong order books in America and India.
• The company's direct exposure to the government's Jal Jeevan Mission (JJM) is under ₹100 crore, with easing payment bottlenecks expected to boost traction.
• Welspun Corp projects a potential turnaround for its Sintex business by FY227, targeting ₹1,000 crore revenue, after stress in water and construction sectors.
• Welspun Specialty Solutions has shown significant improvement, with strong demand from defence, nuclear, and power sectors, expecting ₹1,100 crore revenue.