The said order will be executed from companys US facility in Little Rock, Arkansas. Welspun further added that the order win is an indication of a revival in the oil & gas business outlook in North America. The company said it is confident of many such opportunities.
Welspun Corp is a one-stop service provider offering end-to-end pipe solutions. The companys consolidated net profit slumped 70.21% to Rs 61.38 crore on a 6.78% decline in revenue from operations to Rs 1,298.89 crore in Q3 FY22 over Q3 FY21.
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