Welspun Living Ltd. reported a consolidated net profit of ₹129.8 million for the September 2025 quarter, with operational revenue reaching ₹24.41 billion. The company also announced the appointment of Manish Bansal as President and Chief Financial Officer, signaling a strategic shift amid export headwinds and evolving global sourcing dynamics.
Welspun Living Ltd., a leading player in home textiles and flooring solutions, released its Q2 FY26 financial results, reporting consolidated revenue from operations of ₹24.41 billion and net profit of ₹129.8 million. The company faced tariff-related export challenges but remains focused on cost discipline and customer engagement to sustain growth.
In a key leadership move, Welspun appointed Manish Bansal as President and Chief Financial Officer, effective January 1, 2026, to steer financial strategy and operational efficiency.
Major Takeaways From The Quarterly Update:
- Revenue stood at ₹24.41 billion, reflecting a 16.4 percent year-on-year decline due to export headwinds
- Net profit reached ₹129.8 million, supported by cost control and domestic demand stability
- EBITDA for the quarter was ₹1.68 billion, with a margin of 6.8 percent
- Manish Bansal’s appointment as CFO is expected to strengthen financial governance and strategic planning
- The company is investing in digital transformation and ESG compliance to enhance global competitiveness
- Management remains optimistic about long-term sourcing opportunities from India amid global supply chain shifts
Welspun Living’s Q2 performance and leadership update reflect its adaptive strategy in a dynamic global textile market.
Sources: InvestyWise