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Corporate Update

Welspun Living Starts FY27 With Strongest Growth In Seven Quarters

• By  Textile Excellence
• August 15, 2026

Welspun Living Ltd. has started FY27 on a strong note, reporting a 23.5% year-on-year rise in Q1 revenue to ₹2,828 crore, its strongest growth in seven quarters. Revenue was also up 15.4% sequentially. EBITDA rose to ₹354 crore, with margins improving for the third consecutive quarter to 12.5%, while PAT grew 1.8 times to ₹161 crore.

The performance was supported by broad-based growth. Home textile exports rose 28.1%, while the UK and Europe business grew more than 20%. The US pillow business more than doubled, growing 2.3 times year-on-year and remaining on track to double revenue in FY27. Domestic business grew 21.3%, while global brands contributed around 12% of revenue, with Christy maintaining double-digit growth.

Flooring margins improved to 10.4% despite softer exports, while innovation contributed around 25% of business. The company also strengthened its balance sheet through healthy cash generation and disciplined working capital management.

Welspun’s Anjar facility has now shifted to 100% green power, effective mid-July, marking another step in its sustainability strategy.

B.K. Goenka, Chairman, Welspun Group, said: “Q1FY27 is clear evidence that our investments in innovation, manufacturing excellence, brands, sustainability and people are translating into broad-based growth and improved profitability. The global sourcing landscape continues to evolve in India’s favour. The India–UK Free Trade Agreement, improving tariff visibility in the US and continued supply-chain diversification present a compelling long-term opportunity for Indian manufacturers.”

B.K. Goenka, Chairman, Welspun Group, said: “Q1FY27 is clear evidence that our investments in innovation, manufacturing excellence, brands, sustainability and people are translating into broad-based growth and improved profitability. The global sourcing landscape continues to evolve in India’s favour. The India–UK Free Trade Agreement, improving tariff visibility in the US and continued supply-chain diversification present a compelling long-term opportunity for Indian manufacturers.”