Welspun Corp shares hit a record high of Rs 903.2 after Q4 net profit more than doubled to Rs 699 crore, driven by cost cuts despite lower revenue. The company reduced debt by Rs 1,000 crore and ended FY25 with net cash. With strong FY26 revenue guidance and a Rs 19,500 crore order book, Welspun signaled robust future growth.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets