This new order has brought Welspun Corp’s consolidated global order book to around ₹25,750 crore, or nearly $2.7 billion, marking the highest order book in the history of the company. According to the company, this order book enhances revenue visibility and capacity utilization across its manufacturing facilities in both India and the US.
Welspun Corp indicated that the newly secured order will be executed over FY27 and FY28. The company stated that the robust order pipeline provides long-term growth visibility and emphasizes its expanding role in the global pipeline infrastructure market.
This order is specifically for the supply of coated line pipes and will be fulfilled from the company’s manufacturing facility in Little Rock, US. The company mentioned that this addition further strengthens its global order book and supports capacity utilization across its manufacturing assets in both India and the United States.
Welspun Corp made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Welspun Corp shares closed 0.19% higher at ₹1,599.90 on the NSE.
