Incorporated in 1995 as a public limited company, Welspun-Gujarat Stahl Rohren (WELSPUNGUJR) is promoted by the Welspun group. The company makes coating of high grade submerged arc welded pipes, electric resistance welded pipes, spiral welded pipes, MS pipes, seamless pipes and HR sheets. The company has supplied high end pipes for most critical projects in the deepest of ocean (`Independence Trail` Project, Gulf of Mexico) to the toughest of terrain (`Rockies mountain`', USA ). Clients include Transcanada, Enterprise, Kinder Morgan, Texas Gas, British Petroleum, Hunt Oil, Saudi Aramco, Elpaso, Exxon Mobil, Qatar Petro DOW, and Gazprom to name a few. Welspun TUbular LLC (A subsidiary of WGSRL) has recently completed a World-class spiral pipe making facility in the city of Little Rock , Arkansas , USA .
The company`s registered office is at `Welspun City`, Village Versamedi, Tal. Anjar, Dist Kutch, Gujarat -370110. WGSRL is in the process of hiving off 1.5 million ton plate-cum-coil Mill, in Anjar, Gujarat, India - one of the only three Mills of its kind in the World to a separate 100% owned subsidiary. Financials The company reported fall of 48.97% in standalone net profit on y-o-y basis to Rs 651.70 million, while total income dropped 25.30% y-o-y basis to Rs 11.39 billion for the quarter ended December 2010.
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