Welspun Living Ltd reported a 20% decline in consolidated net profit to ₹106.16 crore in the fourth quarter ended March 31, 2026, compared to ₹132.8 crore in the corresponding period of the preceding fiscal. According to reports from Business Standard, the home textiles manufacturer's consolidated revenue from operations in Q4 FY26 stood at ₹2,435.43 crore as against ₹2,645.9 crore in the year-ago period. Total expenses in the quarter under review were ₹2,326 crore, compared to ₹2,479.83 crore in the same period a year ago.
For the entire fiscal year FY26, consolidated net profit stood at ₹212.89 crore, down from ₹644 crore in FY25. As reported by Business Standard, consolidated revenue from operations declined to ₹9,399.11 crore for the entire fiscal as against ₹10,545 crore in the preceding financial year. The board of directors also recommended a final dividend of 10 paisa per equity share with a face value of Re 1 each for FY 2025-26, subject to shareholders' approval at the ensuing annual general meeting.
The board of directors approved a ₹252 crore share buyback proposal for fully paid-up equity shares of face value of Re 1 each for ₹175 per equity share through a tender offer. According to Business Standard, Welspun Group Chairman BK Goenka commented on the performance, stating that FY26 tested the home textiles industry with US tariff disruptions, West Asia conflict, and cautious global demand. He noted that the company navigated these challenges with discipline and emerged meaningfully stronger, with net debt reduced by over 50% and free cash flow growing 8.5 times to ₹956 crore.
Goenka expressed confidence about the future, targeting double-digit growth for FY27 backed by structural tailwinds, a strong balance sheet and proven business resilience. As reported by Business Standard, the company achieved sequential recovery in Q4 with revenues up 7.7% and margins at 10.8%, confirming that the trough is firmly behind them. The domestic business also demonstrated strong performance with 29.2% growth in Q4, providing optimism for the upcoming fiscal year.
