# Welspun Living shares gain 3% after strong Q1, brokerages retain buy 2026-08-15T01:04:33+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Welspun Living shares closed nearly 3 per cent higher at Rs 164.06 on the NSE after hitting a fresh 52-week high of Rs 178. The company reported strong Q1 results with consolidated total income rising 23.5 per cent year-on-year to Rs 2,828 crore. Net profit more than doubled to Rs 161 crore, while EBITDA margin improved to 12.5 per cent. Brokerages retained buy ratings: Motilal Oswal raised target to Rs 215, JM Financial to Rs 205, and Axis Securities to Rs 195. Key risks include customer concentration and commodity prices. The Vapi floods are expected to impact Q2FY27, but management expects Q3 and Q4 to be unaffected. The US Pillow business is on track to double revenue to US$60 million. ## Coverage - thehindubusinessline.com Tags: Axis Securities, JM Financial, Motilal Oswal, NSE, Vapi, Welspun Living Canonical: https://indianopinion.org/welspun-living-shares-gain-3-after-strong-q1-brokerages-retain-buy/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/welspun-living-shares-gain-3-after-strong-q1-brokerages-retain-buy/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.