Welspun Enterprises Q3 PAT falls 4% to Rs 77 cr; order book touches Rs 14,500 cr mark

New Delhi, Feb 3 (PTI) – Infrastructure developer Welspun Enterprises registered a 4% decline in consolidated profit after tax (PAT) to ₹77 crore for the December quarter, compared to ₹80 crore in the same period last year, the company announced in a statement.

Despite the profit dip, the company's total income grew by 22% year-on-year, reaching ₹919 crore, up from ₹754 crore a year ago.

Strong Growth in Nine-Month Performance​

For the April-December period, Welspun Enterprises recorded a 3% rise in PAT, amounting to ₹248 crore, compared to ₹242 crore in the same period of the previous year. The company's revenue for the first nine months of FY25 surged 25% to ₹2,563 crore, up from ₹2,051 crore in the corresponding period last year.

Meanwhile, EBITDA increased by 14% to ₹523 crore, compared to ₹460 crore in the previous year.

Strategic Expansion and Growth Outlook​

During the quarter, Welspun Enterprises completed the acquisition of a 9.99% stake in Welspun Michigan Engineers Ltd, raising its total ownership to 60%.

Sandeep Garg, Managing Director of Welspun Enterprises, highlighted the company’s growth trajectory, stating, "We have maintained our momentum from the second quarter and achieved our highest-ever first nine-month consolidated revenue of ₹2,563 crore."

Looking ahead, Garg expressed confidence in the company's future performance, noting, "Our consolidated order book of ₹14,500 crore provides visibility for a consolidated EBITDA of ₹700 crore for FY25."

About Welspun Enterprises​

A part of Welspun World, Welspun Enterprises Ltd specializes in infrastructure development, focusing on the water, wastewater, and transport sectors.