Integrated Filing — IndAS



General information about company
Scrip Code 532144
NSE Symbol WELCORP
MSEI Symbol NOTLISTED
ISIN INE191B01025
Name of company WELSPUN CORP LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   11:30:00
End date and time of board meeting 28-May-2025   18:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 39249700000 139775400000
Other income 418900000 1897900000
Total income 39668600000 141673300000
2 Expenses
(a) Cost of materials consumed 28952200000 95760600000
(b) Purchases of stock-in-trade 41700000 320000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -4013400000 -7377700000
(d) Employee benefit expense 2683100000 10030200000
(e) Finance costs 875400000 3196500000
(f) Depreciation, depletion and amortisation expense 869900000 3510700000
(f) Other Expenses
1 Other Expenses 6984300000 24360500000
Total other expenses 6984300000 24360500000
Total expenses 36393200000 129800800000
3 Total profit before exceptional items and tax 3275400000 11872500000
4 Exceptional items 4765000000 4656800000
5 Total profit before tax 8040400000 16529300000
6 Tax expense
7 Current tax 1254300000 2948000000
8 Deferred tax 306100000 648000000
9 Total tax expenses 1560400000 3596000000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 6480000000 12933300000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 511900000 6089500000
16 Total profit (loss) for period 6991900000 19022800000
17 Other comprehensive income net of taxes -52900000 431500000
18 Total Comprehensive Income for the period 6939000000 19454300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6983100000 19081400000
Total profit or loss, attributable to non-controlling interests 8800000 -58600000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 6920000000 19504500000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 19000000 -50200000
21 Details of equity share capital
Paid-up equity share capital 1311700000 1311700000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 73315500000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 26.63 72.8
Diluted earnings (loss) per share from continuing operations 26.5 72.44
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 26.63 72.8
Diluted earnings (loss) per share from continuing and discontinued operations 26.5 72.44
24 Debt equity ratio 0.0012 0.0012
25 Debt service coverage ratio 0.0026 0.0073
26 Interest service coverage ratio 0.1892 0.1325
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 42523900000
Capital work-in-progress 7853700000
Investment property 629000000
Goodwill 3732000000
Other intangible assets 182200000
Intangible assets under development 17600000
Biological assets other than bearer plants 0
Investments accounted for using equity method 8520400000
Non-current financial assets
Non-current investments 29500000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 2184200000
Total non-current financial assets 2213700000
Deferred tax assets (net) 357100000
Other non-current assets 1969700000
Total non-current assets 67999300000
2 Current assets
Inventories 42115400000
Current financial asset
Current investments 5465800000
Trade receivables, current 17691300000
Cash and cash equivalents 11471200000
Bank balance other than cash and cash equivalents 1082300000
Loans, current 35900000
Other current financial assets 268700000
Total current financial assets 36015200000
Current tax assets (net) 0
Other current assets 6183300000
Total current assets 84313900000
3 Non-current assets classified as held for sale 56000000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 152369200000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1311700000
Other equity 73315500000
Total equity attributable to owners of parent 74627200000
Non controlling interest 2660300000
Total equity 77287500000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4631700000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1592500000
Total non-current financial liabilities 6224200000
Provisions, non-current 263300000
Deferred tax liabilities (net) 3551700000
Deferred government grants, Non-current 1821400000
Other non-current liabilities 0
Total non-current liabilities 11860600000
Current liabilities
Current financial liabilities
Borrowings, current 4605400000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 884600000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 31360400000
Total Trade payable 32245000000
Other current financial liabilities 2298700000
Total current financial liabilities 39149100000
Other current liabilities 17243200000
Provisions, current 915800000
Current tax liabilities (Net) 5547700000
Deferred government grants, Current 365300000
Total current liabilities 63221100000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 75081700000
Total equity and liabilites 152369200000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel products 9258500000 133467900000
2 Plastic & other products 1732700000 6307600000
Total Segment Revenue 10991200000 139775500000
Less: Inter segment revenue 0 0
Revenue from operations 10991200000 139775500000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel products 3865700000 13696500000
2 Plastic & other products 4538000000 5019600000
Total Profit before tax 8403700000 18716100000
i. Finance cost 898500000 898500000
ii. Other Unallocable Expenditure net off Unallocable income -4449900000 -4449900000
Profit before tax 11955100000 22618800000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel products 116168600000 116168600000
2 Plastic & other products 9142600000 9142600000
Total Segment Asset 125311200000 125311200000
Un-allocable Assets 27058000000 27058000000
Net Segment Asset 152369200000 152369200000
4 Segment Liabilities
Segment Liabilities
1 Steel products 54929700000 54929700000
2 Plastic & other products 1700900000 1700900000
Total Segment Liabilities 56630600000 56630600000
Un-allocable Liabilities 18451100000 18451100000
Net Segment Liabilities 75081700000 75081700000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of post employment benefit obligations -14100000 -57400000
2 Share of other comprehensive income of joint venture and associates accounted for using the equity method -8100000 -38200000
Total Amount of items that will not be reclassified to profit and loss -22200000 -95600000
2 Income tax relating to items that will not be reclassified to profit or loss -2900000 -12800000
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains on hedging instruments in cash flow hedges reclassified to profit and loss 44200000 14600000
2 Exchange differences on translation of foreign operations (including non-controlling interests) -62200000 507800000
Total Amount of items that will be reclassified to profit and loss -18000000 522400000
4 Income tax relating to items that will be reclassified to profit or loss 15600000 8100000
5 Total Other comprehensive income -52900000 431500000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 16529300000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3196500000
Adjustments for decrease (increase) in inventories -19056500000
Adjustments for decrease (increase) in trade receivables, current -5300000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -2036700000
Adjustments for decrease (increase) in other non-current assets -502000000
Adjustments for other financial assets, non-current -135500000
Adjustments for other financial assets, current 91800000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 10228500000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 12526200000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 3510700000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 175700000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -297900000
Adjustments for other financial liabilities, non-current -61500000
Adjustments for unrealised foreign exchange losses gains -222900000
Adjustments for dividend income 0
Adjustments for interest income 679300000
Adjustments for share-based payments 107000000
Adjustments for fair value losses (gains) -50000000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -4876000000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1912800000
Net cash flows from (used in) operations 18442100000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 3405400000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 15036700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 307200000
Other cash receipts from sales of equity or debt instruments of other entities 4859400000
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 391300000
Purchase of property, plant and equipment 8527200000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 168984100000
Purchase of other long-term assets 168853100000
Cash advances and loans made to other parties 122600000
Cash receipts from repayment of advances and loans made to other parties 3600000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 643900000
Interest received 712800000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 4017200000
Net cash flows from (used in) investing activities 1802200000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 1528700000
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 155600000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 19720600000
Repayments of borrowings 30208200000
Payments of lease liabilities 543100000
Dividends paid 1309400000
Interest paid 3035000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -13690800000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 3148100000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 135800000
Net increase (decrease) in cash and cash equivalents 3283900000
Cash and cash equivalents cash flow statement at beginning of period 8187300000
Cash and cash equivalents cash flow statement at end of period 11471200000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 B S R & Co. LLP Yes 31-Jul-2025