{
  "id": 17586816,
  "title": "Earnings call transcript: Welspun Corp Q2 2026 revenue miss sparks 8.7% drop",
  "url": "https://urgent.news/2026/11/01/earnings-call-transcript-welspun-corp-q2-2026-revenue-miss-sparks-8-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T10:57:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-welspun-corp-q2-2026-revenue-miss-sparks-87-drop-93CH-4989634"
  },
  "original_language": "en",
  "account": "Welspun Corp released its Q2 2026 earnings results, meeting expectations but falling short of revenue forecasts. The company reported an EPS of 19.5, matching analyst forecasts, while revenue came in at 46.44 billion, 2.85% below the expected 47.8 billion. This revenue shortfall led to an 8.68% drop in the stock price, which fell from $2,564.3 to $2,341.6 in after-hours trading and traded at $2,341.6 later at a 6.3% decline from the previous close of $2,499.1. Despite the revenue miss, the company delivered record EBITDA of INR 782 crore for Q2, a 25% increase year-over-year, and H1 EBITDA of INR 1,538 crore, a 30% increase year-over-year. Annualized ROCE stood at 22.7%, surpassing the company's guidance of over 20%. The company's order book reached an all-time high of about INR 50,000 crore, and Welspun Corp delivered \"exceptional financial results\" in the first half of fiscal 2027, with strong cash generation and a net cash position of INR 3,887 crore. However, the company acknowledged uneven demand, with India's domestic water market being particularly weak. Management highlighted long-cycle infrastructure demand in the U.S. and Middle East, with bookings expected to remain strong through FY 2029. The stock's decline suggests investors reacted negatively to the revenue miss, despite the positive financial outlook.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}