Welspun Living Q1 FY26 results (Apr–Jun 2025) and concall

Welspun Living reported a challenging Q1 FY26, with consolidated revenue declining 11.6% and PAT falling 52.8% year-on-year, primarily due to uncertain global trade flows, reciprocal tariffs between US and India, and cautious consumer spending. Despite near-term headwinds, the company is strategically expanding its US pillow manufacturing capacity with a new plant in Nevada and diversifying geographically, while focusing on cost optimization and strengthening its balance sheet. The domestic consumer business showed resilience, growing 10% Y-o-Y.