Welspun Corp bags export order for supply of Coated LSAW line pipes and bends

Shares of Welspun Corp. jumped 1% after the company announced securing a new export order for coated LSAW line pipes and bends. The shares opened at ₹755 apiece on the NSE and hit an intraday high of ₹767 apiece.

Welspun Corp has bagged an export order for the supply of Coated LSAW line pipes and bends from India. Since its last announcement dated February 05, 2025, the company has received additional orders cumulatively valued at around ₹1,950 crore for its India pipes facility.

With these new orders, its current consolidated global order book stands at around ₹19,300 crore. These orders will be executed in FY26 & FY27. The company is yet to report its Q4 FY25 results. However, the Q3FY25 results show an exponential jump in the net profit at ₹1,559 crore

Earlier in March, the company announced on receiving new orders valued at around ₹2,400 crore for the supply of coated pipes for Natural Gas Pipeline Projects in the USA.

Welspun Corp Limited (WCL), the flagship company of Welspun Group, is among the Largest Welded Line Pipe manufacturing companies in the world. The company is a welded line pipe manufacturing company engaged in offering solutions in line pipes with a capacity to manufacture longitudinal submerged-arc welded (LSAW), spiral helical submerged-arc welded (HSAW) and high-frequency electric resistance welded (HFERW)/high-frequency induction (HFI) electrical resistance welded (ERW) pipes. The Company also offers coating, bending and double jointing facilities.