Welspun Enterprises Q3 Profit Plunges 66% Amid Sales Dip, Cost Control Boosts Margins

• Welspun Enterprises Ltd reported a 65.6% year-on-year decline in consolidated net profit for Q3, falling to ₹26.7 crore from ₹77.5 crore.
• Revenue for the quarter decreased by 12.2% year-on-year to ₹787 crore from ₹896 crore.
• EBITDA slipped 2% to ₹154.2 crore, but the EBITDA margin expanded to 19.6% from 17.6%, indicating improved cost control.
• The company's Q2 FY26 consolidated net profit rose 59% to ₹98.08 crore, aided by reduced expenses.
• Welspun Enterprises is looking to raise ₹1,000 crore to fund its growth plans.