Welspun Corp bags orders for more than Rs 6,000 crore to be executed through Q3 and Q4 of FY21

Welspun NSE 1.95 % Corp, the pipe manufacturing flagship of Welspun Group, bagged orders worth more than Rs 6,000 crore across water and oil and gas pipe segments in the second quarter, which will be executed through the rest of the year and the next.

“At the end of Q2, we have an order book of more than 700,000 tonnes globally, that was valued at more than Rs 6,000 crore. This order book will be executed over Q3, Q4 and may spill over to Q1 of FY 22 as well,” Vipul Mathur, Welspun Corp’s managing director, told ET.

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