Welspun Specialty Q1 revenue surged 24% YoY to ₹201.32 crore, but the company posted a pre-tax loss and weaker EBITDA.

• Q1 FY26 EBITDA declined 17% to ₹140 crore; pre-tax loss stood at ₹0.75 crore versus ₹2.6 crore profit YoY.
• Stainless steel bar volumes rose 57%, while stainless steel pipe volumes dropped 26% YoY in the June quarter.
• Despite revenue growth, rising costs and volume mix led to margin pressure and a swing to pre-tax loss.