Welspun Corp received a natural gas pipeline order worth USD 346 million in the United States

According to the company, this order further strengthens its leading position in the US oil and gas (O&G) transmission sector.

Welspun Corp emphasized that their expectations for the US market remain positive for the next few years and expressed readiness to take advantage of more opportunities in the future.

Company released its fiscal third-quarter earnings report earlier this month, in which it reported a net profit of 672.19 crore rupees (USD 78 billion). This represents a two-fold increase compared to a profit of 293.70 crore rupees (USD 34 billion) in October-December 2023, the same period of fiscal 2023-24. In the same period, the company reduced its expenses from 4,438.79 crore rupees (USD 512 million) to 3,351.36 crore rupees (USD 387).