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Welspun Living Results: Latest Quarterly Results & Analysis

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Welspun Living Ltd. 15 May 2026 15:25 PM

Q4FY26 & FY26 Result Announced for Welspun Living Ltd.

Textiles company Welspun Living announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income:
    • For Q4FY26, total income stood at Rs. 2,451.20 crore, representing a decrease of 7.4% YoY compared to Rs. 2,648.16 crore in Q4FY25. On a sequential basis, it increased by 7.7% from Rs. 2,276.64 crore in Q3FY26.
    • For the full year FY26, total income was Rs. 9,467.91 crore, a decline of 11.5% YoY from Rs. 10,697.24 crore in FY25.
  • EBITDA:
    • Q4FY26 EBITDA was Rs. 265 crore, a decline of 16.7% YoY from Rs. 318 crore. It grew 51.6% sequentially from Rs. 175 crore in Q3FY26.
    • Annual EBITDA for FY26 stood at Rs. 862 crore, down 40.6% YoY from Rs. 1,451 crore in FY25.
  • Net Profit (after minority):
    • Q4FY26 PAT was Rs. 103.70 crore, a 21.3% YoY decrease from Rs. 131.82 crore. This represents a significant sequential turnaround from the Rs. 0.21 crore reported in Q3FY26.
    • For the full year FY26, Net Profit reached Rs. 204.44 crore, a decrease of 68.0% YoY compared to Rs. 639.16 crore in FY25.
  • Revenue from Operations:
    • Q4FY26 revenue was Rs. 2,435.43 crore compared to Rs. 2,645.90 crore in Q4FY25.
    • Annual revenue for FY26 reached Rs. 9,399.11 crore compared to Rs. 10,545.09 crore in FY25.

Standalone Financial Highlights:

  • Total Income:
    • For Q4FY26, standalone total income was Rs. 1,915.91 crore, down 8.28% YoY from Rs. 2,088.93 crore and down 3.08% QoQ from Rs. 1,976.80 crore.
    • Annual total income for FY26 stood at Rs. 7,814.20 crore, a decline of 10.92% YoY from Rs. 8,772.25 crore in FY25.
  • Net Profit:
    • Q4FY26 standalone Net Profit was Rs. 27.33 crore, a decrease of 72.17% YoY from Rs. 98.22 crore. However, it marked a turnaround from the Net Loss of Rs. 10.29 crore in Q3FY26.
    • For the full year FY26, standalone Net Profit was Rs. 240.75 crore, down 52.50% YoY from Rs. 506.88 crore in FY25.

Business Highlights:

  • Segment Performance (Consolidated FY26):
    • Home Textile: Revenue stood at Rs. 8,940 crore, declining 9.1% YoY. EBITDA for the segment was Rs. 779 crore at a margin of 8.7%.
    • Flooring: Revenue was Rs. 736 crore, a decrease of 17.3% YoY. EBITDA was Rs. 29 crore at a margin of 3.9%.
  • Buyback of Equity Shares: The Board approved a buyback proposal for the purchase of 1,44,00,000 fully paid equity shares of Re. 1 each at a price of Rs. 175 per share, for an aggregate amount not exceeding Rs. 252 crore. This represents 6.52% and 5.65% of the total paid-up equity share capital and free reserves on standalone and consolidated bases, respectively.
  • Dividend Recommendation: Recommended a final dividend of Re. 0.10 per equity share (10%) on face value of Re. 1 each for FY26.
  • Strategic Acquisition: The Company approved the acquisition of a 26% stake in CleanMax Dhyuthi Private Limited (CDPL) for a consideration of Rs. 760 lakh. The acquisition is intended to enhance the supply of renewable energy to the Vapi factory in Gujarat.
  • Debt Reduction: Net Debt was significantly reduced to Rs. 775 crore as of March 31, 2026, compared to Rs. 1,602 crore in March 2025, representing a 52% YoY reduction.
  • Domestic Business: The Domestic Consumer Business delivered strong growth of 29.2% YoY in Q4FY26.
  • Capital Expenditure: The Company incurred Rs. 472 crore towards capex during FY26.
  • Management Changes: Mr. Altaf Jiwani resigned as Whole-time Director & Chief Operating Officer effective close of business on May 31, 2026. Mr. Keyur Parekh was appointed as Whole-time Director effective June 01, 2026.

B.K. Goenka, Chairman, Welspun Group, said: “FY26 tested the entire home textiles industry — US tariff disruptions, West Asia conflict, and cautious global demand created a challenging backdrop throughout the year. We navigated this with discipline and emerged meaningfully stronger.

We exit the year with net debt reduced by over 50%, free cash flow grew 8.5x to Rs 956 crore, and a domestic business that grew 29.2% in Q4. The sequential recovery in Q4, with revenues up 7.7% and margins at 10.8%, confirms the trough is firmly behind us.

India's landmark FTAs with the US, EU, and UK are a generational shift for our sector — and we are exceptionally well positioned to capture what comes next. Our #1 global ranking in the S&P Corporate Sustainability Assessment further strengthens our standing with the global retailers.

We enter FY27 with confidence — targeting double-digit growth, backed by structural tailwinds, a strong balance sheet, and a business that has proven its resilience."

Result PDF

Textiles company Welspun Living announced Q3FY26 results

  • Total Income: Total revenue for Q3 FY26 at Rs 2,277 crore declined 9.9% YoY.
    • Textile business revenue at Rs 2,175 crore declined 4.7%.
    • Flooring business revenue at Rs 172 crore declined 20.3%.
  • EBITDA: Consolidated EBITDA for Q3FY26 at a margin of 7.7% is Rs 175 crore.
    • Textile Business EBITDA for Q3FY26 at a margin of 7.3% is Rs 160 crore.
    • Flooring Business EBITDA for Q3FY26 at a margin of 1.7% is Rs 3 crore.
  • PAT (after minority): Consolidated PAT for Q3FY26 is Rs 0.2 crore.
  • Net Debt: Net Debt stood at Rs 1,332 crore vs. Rs 1,658 crore as on Dec’24, lower by Rs 326 crore vs. Rs 1,570 crore as on Sep’25, lower by Rs 238 crore.
  • Key Business Updates:
    • Our Global Brands continued to be robust with ~12% share of total revenues in Q3FY26.
    • Brand ‘Welspun’ continues to strengthen its leadership position, penetrating deeper into households and is the most widely distributed Home Textile brand in the country.
    • Innovation contributed ~22% of our business in 3QFY26.
  • Capex: In Q3FY26, we incurred Rs 139 crore towards capex.

B.K. Goenka, Chairman, Welspun Group, said: “At Welspun Living, our deep, long-standing relationships with global customers has helped us retain the business in the challenging environment. The Government of India’s proactive support and advancement of landmark FTAs with the US, EU and UK are reshaping India’s global trade position and opening meaningful long-term opportunities for textile sector.

It is a matter of great pride for us to be ranked No. 1 globally in the 2025 S&P Global Corporate Sustainability Assessment for textile and apparel. Sustainability remains a core differentiator particularly for EU and we are well poised to take advantage of the structural outlook for Indian manufacturing.

With strong customer partnerships and trade tailwinds, we are confident of accelerating growth in the years ahead.”

Result PDF

Textiles company Welspun Living announced Q2FY26 results

  • Total Income: Total revenue for Q2FY26 at Rs 2,456 crore declined 16.4% YoY
    • Textile business revenue at Rs 2,322 crore declined 14.4%.
    • Flooring business revenue at Rs 181 crore declined 27.4%.
  • EBITDA: Consolidated EBITDA for Q2FY26 at margin of 6.8% is Rs 168 crore.
    • Textile Business EBITDA for Q2FY26 at margin of 6.6% is Rs 152 crore.
    • Flooring Business EBITDA for Q2FY26 at margin of 2.1% is Rs 4 crore.
  • PAT (after minority):Consolidated PAT for Q2FY26 is Rs 13 crore.
  • EPS: Rs 0.13 in Q2FY26 vs Rs 2.1 in Q2FY25.
  • Net Debt: Net Debt stood at Rs 1,570 crore vs. Rs 1,832 crore as on Sep’24 lower by Rs 262 crore vs. Rs 1,401 crore as on June’25 higher by Rs 169 crore.

B.K. Goenka, Chairman, Welspun Group, said: “The global tariff situation continues to weigh on export performance, but we remain confident this is a passing phase. While near-term pressures are evident, we believe these disruptions are transitional and will ultimately accelerate the shift in global sourcing where India stands to emerge stronger.

India’s strong macroreoreo momentum, rising consumption, and the recent GST rationalization croreoreeate a powerful backdrop for medium-term growth. At the same time, the progress on key trade agreements, including the India–UK FTA, opens new avenues for expanding our global reach and competitiveness.

Our focus remains on what we can control driving cost discipline, deepening customer relationships, and scaling innovation. With our diversified portfolio and strong domestic foundation, Welspun Living is wellpositioned to capture opportunities as markets stabilize.”

Result PDF

Textiles company Welspun Living announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Total revenue for Q4FY25 at Rs 2,648 crore grew 1.2% YoY
  • Consolidated EBITDA for Q4FY25 at margin of 12.0% is Rs 318 crore
    • Textile Business EBITDA for Q4FY25 at margin of 11.5% is Rs 281 crore
    • Flooring Business EBITDA for Q4FY25 at margin of 7.1% is Rs 14 crore
  • Consolidated PAT for Q4FY25 is Rs 132 crore
  • Rs 1.40 in Q4FY25 vs Rs 1.52 in Q4FY24
  • In Q4FY25, we spent Rs 106 crore towards capex, majorly towards Towel project at Anjar

FY25 Financial Highlights:

  • Total revenue for FY25 at Rs 10,697 crore grew 8.9% YoY
    • Textile business revenue for FY25 at Rs 9,834 crore grew 8.5%
    • Flooring business revenue for FY25 at Rs 889 crore lower (4.1%)
  • Consolidated EBITDA for FY25 at margin of 13.6% is Rs 1,451 crore
  • Consolidated PAT for FY25 is Rs 639 crore
  • Net Debt stood at Rs 1,603 crore vs. Rs 1,354 crore as on Mar’24 higher by Rs 248 crore vs. Rs 1,658 crore as on Dec’24 Lower by Rs 56 crore
  • FY25 capital outlay stood at Rs 701 crore

Speaking about the performance, B.K. Goenka, Chairman, Welspun Group, said “Despite evolving global trade dynamics and tariff uncertainties, Welspun continues to lead with resilience, agility, and innovation—bringing clarity to complexity and turning disruption into opportunity”

Result PDF

Textiles company Welspun Living announced Q3FY25 results

  • Total revenue for Q3FY25 at Rs 25,277 million grew 3.0% YoY.
  • Consolidated EBITDA for Q3FY25 at margin of 12.6% is Rs 3,185 million.
  • Consolidated PAT for Q3FY25 is Rs 1,208 million.
  • EPS: Rs 1.27 in Q3FY25 vs Rs 1.84 in Q3FY24.
  • Net Debt stood at Rs 16,584 million vs. Rs15,416 million as on Dec’23 higher by Rs 1,168 million vs. Rs18,323 million as on Sept’24 Lower by Rs 1,739 million.
  • Capex: In Q3FY25 the Company has spent Rs 1033 million majorly towards Towel projects at Anjar and YTD capital outlay is at Rs 5950 million.

B.K. Goenka, Chairman, Welspun Group, said: “Welspun Living remains committed to redefining home solutions sustainably while establishing itself as the 'FMCG of Textiles.' In Q3FY25, we achieved 3% consolidated revenue growth, with home textile exports up 6%.

Our key growth pillars—Global Brands, Domestic Consumer, Advanced Textiles, and Flooring—grew 10% in 9MFY25, providing a competitive edge. The domestic consumer business saw 2% YoY growth amidst inflation and cautious spending, while the ‘Welspun’ brand grew 8%, reinforcing its leadership in home textiles.

With ESG embedded in all facets of our operations, we are on track to achieve 100% renewable energy by 2030, keeping us ahead in sustainability globally.”

Result PDF

Textiles company Welspun Living announced Q2FY25 results

  • Achieved highest ever Quarterly Revenue of Rs 29,360 million grew by 15.5% YoY.
  • EBITDA for Q2FY25 up 7.5% YoY at Rs 4,206 million at margin of 14.3%.
  • PAT for Q2FY25 is Rs 2,010 million at margin of 6.8%.
  • Flooring Business also recorded highest ever Quarterly Revenue of Rs 2,498 million with EBITDA margin of 8.8%.
  • Net Debt stood at Rs 18,323 million vs. Rs 15,734 million as on Q2FY24 increased by Rs 2,589 million & vs Rs15,620 million as on Q1FY25 increased by Rs 2,703 million.

B.K. Goenka, Chairman, Welspun Group, said: “Welspun Living’s commitment and focus to sustainably grow all its businesses has seen the Company reporting its highest ever consolidated quarterly revenues in Q2FY25, growing by 15.5%, in the face of relatively adverse global conditions owing to Red Sea challenges. Emerging businesses of Global Brands, Domestic consumer, Advance textile and Flooring are continuing to flourish from strength to strength and grew 22% in Q2FY25, with flooring business reporting highest quarterly revenues. The Company has also achieved an EPS of Rs 2.10, growing by 3%.

Domestic Consumer business continued showing resilience during the quarter despite muted retail market sentiments and ‘Welspun’ brand strengthened its leadership position of being the most widely distributed Home Textile brand, growing by 20% during the quarter.

ESG is imbedded in every aspect of operations at Welspun, keeping us ahead of our peers globally in responsible and sustainable practices. We have entered into a JV for provision of 4.6MW of Solar energy at our Telangana facility this year, which is another significant step towards our journey to be 100% renewable energy by 2030.”

Result PDF

Textiles company Welspun Living announced Q1FY25 results:

  • Total Income in Q1FY25 is Rs 25,885 million grew by 17% YoY
  • EBITDA in Q1FY25 Rs 3,935 million @ 15.2% margin grew by 15% YoY
  • Home Textile Exports Business grew by 19% YoY with EBITDA margin of 17.0%
  • Innovation Sales grew by 13% YoY
  • Flooring Business in Q1FY25 recorded revenue of Rs 2,278 million
  • EBITDA of Flooring Business in Q1FY25 is Rs 210 million @ 9.2% margin
  • Net Debt stood at Rs 15,620 million vs. Rs 18,153 million as on June’23 lower by Rs 2,533 million & vs. Rs 13,542 million as on Mar’24 increased by Rs 2,078 million
  • Buyback of Rs 2,784 million approved by board at a price of Rs 220 per share

Dipali Goenka 4 Managing Director & CEO , Welspun Living, said: “We are happy to share that the company has continued to out perform strongly and has achieved revenues of Rs25,885 million in Q1FY25, growing at 17% YoY. This growth also comes with a sustainable EBITDA, which stood at Rs3,935 million with margin of 15.2%, growing 15% YoY.

Emerging business, which are the key pillars of our growth, continued their upward trajectory, with Domestic Retail continuing to be the leading home textile player in India and flooring business recording a revenue of Rs 2,278 million with highest EBITDA margin of 9.2% on the back of increased revenues and better operating leverage.

Welspun has remained at the forefront in its ESG practices with world and industry leading metrices. Welspun endeavours to keep ESG at the core of all its operations and has also joined Reuters VISION 2045 Campaign to drive sustainable change by making India the sustainable loom of the world."

Result PDF

Textiles company Welspun Living announced Q4FY24 & FY24 results:

Financial Highlights:

  • Total Income for Q4FY24 Rs 26,167 million grew by 19.2% YoY and for FY24 Rs 98,251 million, grew by 19.6% (Highest ever quarterly and yearly revenue)
  • EBITDA for Q4FY24 up 25.0% YoY at Rs 4,001 million @ 15.3% and for FY24 up by 73.3% at Rs 15,147 million @ 15.4%
  • PAT for Q4FY24 is Rs 1,460 million grew 16.4% YoY and for FY24 is Rs 6,811 million, grew more than 3.4x
  • Domestic Consumer Business in Q4FY 24 grew by 12.2% YoY and stood at Rs 1,382 million and for FY24 stood at Rs 5,707 million grew by 3.7%. (highest every yearly revenue)
  • Flooring Business also recorded the highest ever yearly revenue of Rs 9,269 million and EBITDA 8.3%, grew by 31.4% in FY 24.
  • Net Debt stood at Rs 13,542 million as on 31st March 2024, Rs 1,801 million lower than Rs 15,343 million year ago
  • DJSI score for 2023 improved from 59 to 66 in latest assessment done putting us amongst the top 3%tile textile companies globally and highest in Textile category in India.
  • Welspun Living is now certified as Great Place to work, putting us among the top 100 Companies in India in all parameters.
  • ROCE% at 14.6% vis-à-vis 5.7% in FY23
  • Dividend announced at Rs 0.10 per share

Speaking about the performance, Mr. B.K. Goenka, Chairman, Welspun Group, said “It is heartening to see the Company achieving a considerable growth of 20% in FY24, recording its highest ever yearly revenues and sustainable profitability, with PAT growing by 3.4x. Being recognised and certified as a ‘Great place to work’ by GPTW Certification agency and be among the top 100 companies in India in all parameters, is an incredible accomplishment. Our flooring business continued to achieve newer heights with highest ever revenues and profitability in FY24. All our Emerging Businesses, which would be key contributor towards our growth in future, recorded a 26% increase in revenues during Q4FY24.

Our Domestic Businesses of Home Textile and Flooring are our key emerging businesses, attained highest revenues in FY24 and Brand “Welspun” continues to be the most widely distributed Home Textile brand in the country with presence in 600 towns and 20,000 stores.

Our leadership in sustainable business practices of embedding Environmental, social, and governance (ESG) aspects in all our business operations and processes, was further reiterated through the recent rating done by Dow Jones Sustainability Index (DJSI) for 2023-24, which puts us among the top 3 percentile of the Home Textile Companies globally."

Result PDF

Textiles company Welspun Living announced Q3FY24 & 9MFY24 results:

  • Total Income for Q3FY24 is Rs 24,539 million grew 28.9 % YoY and for 9MFY24 is Rs 72,084 million grew by 19.7% YTD
  • EBITDA for Q3FY24 was up 67.1% YoY at Rs 3,819 million at 15.6% and for 9MFY24 up by 101.3% at 11,146 million at 15.5% YTD
  • PAT for Q3FY24 is Rs 1,768 million grew more than 4x YoY and for YTD 9MFY24 is Rs 5,351 million grew more than 7x YTD
  • Domestic Consumer Business recorded the highest ever quarterly revenue of Rs 1,715 million grew by 20% QoQ & 10% YoY
  • Flooring Business also recorded the highest ever quarterly revenue of Rs 2,463 million and grew by 46% YOY with an EBITDA Margin of 8.1%
  • Net Debt stood at Rs 15,416 million as of 31st December 2023, Rs 3,676 million lower than Rs 19,092 million a year ago and lower by Rs 318 million as against the previous quarter
  • ROCE% at 14.5% (annualized) vis-à-vis 5.7% in FY23
  • Board approved the capex project of a jacquard towel facility at Anjar of Rs 3,260 million and a fully automated pillow manufacturing unit in Ohio, USA of US$12.5 million.
  • In 9MFY24 the Company has spent Rs 2,298 million towards Capex. .

 

 

Result PDF

Textiles company Welspun India announced Q2FY24 results:

  • Achieved highest-ever Quarterly Revenues of Rs 25,424 million grew 19% YoY
  • EBITDA for Q2FY24 up 158% YoY at Rs 3,913 million at 15.4%
  • PAT for Q2FY24 is Rs 1,967 million grew more than 22x YoY
  • Net Debt stood at Rs 15,734 million as of September 30, 2023, vs. Rs 18,153 million as of June 30, 2023, down by Rs 2,419 million
  • ROCE% at 14.6% (annualized) vis-à-vis 5.7% in FY23
  • Flooring also recorded the highest-ever quarterly Revenue of Rs 2,426 million grew 52% YoY
  • Flooring EBITDA for Q2FY24 is at 8.3% is Rs 201 million grew by 5x YoY

Speaking about the performance, B.K. Goenka, Chairman, of Welspun Group, said, “It is a proud moment for the Company to have reported highest ever consolidated quarterly revenues in Q2FY24 with consistent profitability in last few quarters, in the face of relatively adverse global economic situation and subdued consumer sentiments. It is also heartening to see the flooring business picking up well and reporting the highest quarterly revenues and margin. All our Emerging businesses of Global Brands, Domestic consumers, advanced textiles, and Flooring are continuing to show strength and grew 28% in Q2FY24.

On the Domestic front, Welspun showed resilience during the quarter despite weak retail market sentiments, as a result of the focus on continued expansion and also continued to be in positive margin space. ‘The Welspun’ brand strengthened its leadership position and continued being the most widely distributed Home Textile brand in the country with a presence in 600 towns and 15,511 outlets.

Welspun’s practices in the Environment, Social, and Governance (ESG) front are leading and we always set newer benchmarks in doing business sustainably and responsibly. We are entering into a JV for the provision of 47MW of Solar and wind energy at our Anjar facility by 2026, which is another significant step towards our journey to be 100% renewable energy by 2030.”

 

 

Result PDF

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