India: Welspun Corp pipe production doubles to 0.26 mn t in Q2 FY21

Welspun Corp Limited (WCL) has announced its quarterly results for Jul-Sep’20 quarter. Production volumes doubled to 268,000 t in Q2 FY21 against 130,000 t in Q1 FY21. Meanwhile, WCL reported EBITDA at INR 240 cr in Q2 FY21 in comparison to INR 197 cr in the last quarter. Welspun Corp is one of the biggest manufacturers of large diameter pipes in the world. The company has a 1.65 mn t pa plant in Anjar, Gujarat which is being increased to 2.1 mn t pa.


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