Iron & Steel Products company Welspun Corp announced Q1FY25 results: Total Income: Rs 3,180 crore, representing a 23% decrease from Rs 4,119 crore in Q1FY24. EBITDA: Rs 416 crore, nearly unchanged from Rs 418 crore in Q1FY24. EBITDA Margin: 13% in Q1FY25, an improvement of 300 basis points from 10% in Q1FY24. Profit After Tax (PAT): Rs 248 crore, a significant 50% increase compared to Rs 165 crore in Q1FY24. Return on Capital Employed (ROCE): 20% (annualized), up by 400 basis points from 16% in Q1FY24. B. K. Goenka, Chairman, Welspun Group, said: “I am happy to share that our Q1FY25 performance has been stable and satisfactory and in line with the guidance for FY25. This also reflects our de-risking strategy which aims towards more stability in our performance. This has been possible due to consistent ramp up in our new businesses driven by DI Pipes divisions. Sintex business has been growing at a faster rate than the market growth rate as our focus remains on strengthening our distribution channel and new product launch. With the strategic investment, both organic and inorganic, I am confident about our next growth phase that will ensure our stronger positioning in each of our businesses. This will certainly help in value creation for all our stakeholders.” “Sustainability journey has been progressing well as we have been taking necessary steps towards it and recognition by DJSI and CRISIL is a testimony for the same.” he added. Result PDF