Notably, the order is in addition to the announcement made by it on May 22, for the landmark SAR 1.8 billion (approximately Rs 4,000 crore) contract with Aramco.
The financial impact of the contract will be reflected in the third quarter and fourth quarter of current financial year -- FY24, as well as first quarter of the financial year FY25.
Mumbai (Maharashtra) [India], Sep 5 (ANI): Welspun Corp said on Saturday that Crisil has reaffirmed its ratings on Rs 5,825 crore bank facilities and debt programmes at AA and A1-plus.
Mumbai (Maharashtra) [India], June 17 (ANI): Pipe manufacturer Welspun Corp, part of the 2.7 billion dollar Welspun Group, on Wednesday, reported a consolidated net profit of Rs 138 crore in the quarter ended March as against a net loss of Rs 149 crore in Q4 FY19.