A leading global home textiles manufacturer and a part of the $3.6 billion Welspun Group, Welspun Living Ltd (WLL) reported a 16 per cent rise in its consolidated revenue to Rs29,360 million during Q2, FY25.

In its primary segment, WLL's textile business grew by 15.3 per cent Y-o-Y to Rs27,128 million during Q2, FY25. The brand’s flooring business grew by 2.9 per cent Y-o-Y to 2,498 million during the quarter. Emerging divisions, including Global Brands, Domestic Consumer, Advanced Textiles, and Flooring, grew by 22 percent in Q2, with the domestic segment showing a robust 20 percent increase.

WLL’s consolidated EBITDA for Q2 increased by 7.5 per cent Y-o-Y to Rs4,206 million (~$50.02 million) with a 14.3 percent margin. The brand’s textile segment recorded an EBITDA rise of 13.8 per cent in the quarter totaling to Rs3,742 million while the flooring business’s EBITDA rose by 9.5 per cent Y-o-Y to Rs220 million.

WLL’s profit after tax (PAT) was increased by 2.2 per cent to Rs2,010 million in Q2, FY25 while its net debt expanded to Rs18,323 million by Q2 FY25 from Rs15,734 million in Sep’23.

Notably, WLL launched a 4.6 MW solar energy project at its Telangana facility this year, supporting its commitment to 100 percent renewable energy by 2030. The company continues to be driven by innovation which contributes 23 percent to total sales.

With its emerging business segments growing by 22 per cent, WLL continues to align its operations on ESG principles positioning the company as a global leader in sustainable practices, highlights BK Goenka, Chairman.