Brands
Welspun Enterprises builds steady gains despite a bumpy quarter
MUMBAI: Concrete numbers met cautious optimism as Welspun Enterprises navigated a softer quarter without losing sight of the long road ahead. Welspun Enterprises Limited reported consolidated revenue from operations of Rs 808.49 crore for the quarter ended December 31, 2025, broadly stable compared to Rs 803.26 crore in the previous quarter and down from Rs 918.96 crore a year ago. Total income for the quarter stood at Rs 827.83 crore, reflecting steady execution amid cost pressures and a challenging operating environment.
Profit before tax came in at Rs 60.28 crore for Q3 FY26, impacted by an exceptional item of Rs 48.86 crore during the period. Net profit after tax from continuing operations stood at Rs 30.74 crore, compared to Rs 98.08 crore in the preceding quarter and Rs 77.05 crore in the corresponding quarter last year. For the nine months ended December 2025, profit after tax rose to Rs 229.99 crore, underlining stronger performance over the longer term despite quarterly volatility.
Operationally, the company maintained healthy fundamentals. Operating margin for the quarter was 19.58 per cent, improving from 17.57 per cent a year ago, though lower than the 21.97 per cent recorded in Q2. Net profit margin for the quarter stood at 4.25 per cent, reflecting the impact of exceptional items, while the nine-month net margin remained robust at 10.05 per cent.
Welspun Enterprises’ balance sheet continued to show resilience. Net worth increased to Rs 2,769.70 crore as of December 31, 2025, from Rs 2,264.62 crore a year earlier. The debt-equity ratio remained stable at 0.70 times, while the current ratio improved to 2.07, signalling comfortable liquidity. The company also reported a debt service coverage ratio of 2.53 times, underscoring its ability to service obligations despite near-term earnings fluctuations.
Earnings per share from continuing operations stood at Rs 1.94 for the quarter, compared to Rs 6.43 in Q2 and Rs 5.64 in Q3 FY25. For the nine-month period, basic EPS rose to Rs 15.93, highlighting the underlying strength of the business beyond a single quarter.
Overall, while Q3 reflected the weight of exceptional costs and execution challenges, Welspun Enterprises’ nine-month performance, margin stability and balance sheet strength point to a company building patiently, even when the terrain gets uneven.
Brands
Thermocool rolls out Navratri campaign on trains and stations
Nine day digital push blends devotion and storytelling for travellers
NEW DELHI: Thermocool Home Appliances has launched a high-visibility digital campaign during Navratri, turning railway stations and trains into storytelling spaces that blend culture with brand engagement.
The nine-day campaign spans key high-footfall locations including Katra, Anand Vihar, Gorakhpur, Prayagraj and Moradabad, along with the Vande Bharat Express on the Delhi-Katra route. Travellers encounter the campaign across station screens, concourses and onboard infotainment systems, making it hard to miss.
What sets the initiative apart is its narrative approach. Each day of Navratri is dedicated to one of the nine forms of Goddess Durga, with digital content explaining the significance and stories behind each day. The result is a campaign that does more than advertise, it informs and engages passengers in the middle of their journeys.
For director of sales and marketing Tanuj Gupta, the idea was to go beyond visibility. He noted that while Navratri is widely celebrated, awareness of its deeper meaning is often limited, and the campaign aims to bridge that gap in a simple and accessible way.
By tapping into high-traffic transit spaces, Thermocool is placing its message where audiences naturally gather, from busy platforms to train compartments. The repeated exposure across these touchpoints is designed to build familiarity while creating a more meaningful connection with consumers.
In a season marked by devotion and festivity, the campaign finds a clever middle ground. It turns everyday travel into a cultural moment, where storytelling travels alongside the passenger.
