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Welspun Corp Ltd (WGSR.NS)

WGSR.NS on National Stock Exchange of India

20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

India's Welspun Corp March-qtr consol profit surges
Monday, 8 May 2017 05:00am EDT 

May 8 (Reuters) - India's Welspun Corp Ltd :March quarter consol net profit 685.9 million rupees.March quarter consol total income 21.72 billion rupees.Consol net profit in march quarter last year was 130.6 million rupees as per ind-as; consol total income 19.76 billion rupees.Recommended dividend at INR 0.50 per share.Says qtrly consol production and sales of pipes (total operations) were up 18% and 25% yoy respectively.Says expect good traction in international markets, especially North America, towards the second half of FY2018..  Full Article

Welspun Corp June-qtr consol loss widens
Thursday, 28 Jul 2016 03:48am EDT 

Welspun Corp Ltd : June-quarter consol net loss 93.9 million rupees; June-quarter consol net sales 15.11 billion rupees . Current pipe order book position stands at 958k mts (55 billion rupees) . Consol net loss in June quarter last year was 6.2 million rupees as per Ind-AS; consol net sales was 15.55 billion rupees .  Full Article

Welspun Corp entered definitive agreement for gas project in Americas
Thursday, 21 Jul 2016 01:39am EDT 

Welspun Corp Ltd : Entered definitive agreement with an American midstream major to supply over @ 274 kilometerslongitudinal saw line-pipe for gas project in americas .  Full Article

Welspun Corp March-qtr consol profit falls about 84 pct
Monday, 23 May 2016 03:45am EDT 

Welspun Corp Ltd : March-quarter consol net profit 230.5 million rupees; March-quarter consol net sales 17.93 billion rupees . Recommended dividend of 0.50 rupees per share . Latter half of FY 2016 witnessed turmoil in energy markets adversely affecting near-term outlook for linepipes, margin profile of orderbook . Volatile energy prices, reduced access to capital markets, consolidation in oil & gas sector has been causing delays in project schedules . Opening up of new markets and strong domestic linepipe demand provides a near term upside .  Full Article

Welspun Corp Ltd announces appointment of statutory auditor
Tuesday, 15 Sep 2015 07:37am EDT 

Welspun Corp Ltd:Announces appointment of Price Waterhouse Chartered accounts LLP as statutory auditor.  Full Article

Welspun Corp Ltd and Wasco Energy to Enter Joint Venture
Tuesday, 25 Aug 2015 02:27am EDT 

Welspun Corp Ltd:Says is entering into a joint venture with Wasco Energy Ltd a wholly owned subsidiary of Wah Seong Corp. Berhad, Malaysia.Says the joint venture company is to set up a state-of-the-art Concrete Weight Coating Plant at Anjar, Gujarat.Says will hold 51 pct and Wasco will hold 49 pct in the joint venture company.  Full Article