Welspun Living Ltd reported a 16.9 pc year-on-year increase in revenue to Rs 2,870 crore in Q2 FY27, while EBITDA stood at Rs 370 crore. EBITDA margin expanded 600 basis points to 12.9 pc compared with the year-ago quarter. Profit after tax (PAT) rose 13-fold year on year to Rs 169 crore.The company strengthened its balance sheet, moving to a net-cash position from net debt of Rs 775 crore in March 2026. Its cash conversion cycle improved to 44 days from 82 days during the same period, while return on capital employed (ROCE) increased to 12.7 pc.Home textile exports grew 18.3 pc during the quarter, while the domestic business recorded 28.2 pc growth. The company’s Welspun brand grew 37% year on year. Its US pillow business expanded 2.4 times, with both manufacturing facilities operational, and remains on track to double revenue in FY27.The flooring business reported 19.3% revenue growth, with EBITDA margin improving to 10.8 pc. Meanwhile, restoration of the company’s Vapi operations is progressing, with full restoration expected during the year. Welspun said its Anjar facility has transitioned to 100% green power as part of its sustainability initiatives.“We delivered 16.9% revenue growth, expanded EBITDA margins to 12.9% and achieved a net-cash position, supported by a significant improvement in cash conversion,” said Dipali Goenka, managing director and CEO of Welspun Group. The company aims to sustain double-digit growth, maintain margins in the low teens, improve capital returns and generate stronger cash flows.
