Next Article
Welspun Enterprises on track for ₹4,000 crore revenue target
Business
Welspun Enterprises is making moves to reach a big revenue target of ₹4,000 crore for FY26, and they're already 40% there just halfway through the year.
In Q2 alone, they pulled in ₹783 crore and posted a healthy profit with 22% margins.
Order book at ₹15,600 crore
Strong project execution is fueling their momentum, according to MD Sandeep Garg.
The company's order book stands at about ₹15,600 crore (not counting a major road project where they're the lowest bidder), and they're hoping to add another ₹8,000-10,000 crore in new orders this year.
While there have been some payment delays in UP's Jal Jeevan Mission projects, Welspun expects things to stabilize soon.
Their stock price has also jumped 18% over the past year.