Industrial Machinery firm Wendt India Announced Q1FY23 Result : Standalone Sales at Rs. 4288 lakhs (Growth of +16% YoY, -2% QoQ) Standalone PAT Rs. 694 lakhs (Growth of +30% YoY, -13% QoQ) Consolidated Sales at Rs. 4750 lakhs (Growth of +13% YoY, +0.4% QoQ) Consolidated PAT Rs. 723 lakhs (Growth of +21% YoY, -3% QoQ) On a Standalone basis, the Company achieved sales of Rs.4288 lakhs during the Quarter ended 30th June’22, which is 16% higher than the corresponding quarter previous year (YoY). The domestic sales was Rs 3184 lakhs during the quarter ended 30th June’22, which is higher by 17% than the corresponding quarter previous year. This is on account of higher sales to almost all user industries like auto, steel, refractories, glass, bearings, blade, ceramics, etc. Exports was Rs.1105 lakhs during the quarter ended 30th June’22, which is higher by 14% over the corresponding quarter previous year. This is on account of higher exports to USA, Germany, Italy, Spain etc The company’s operational efficiency measures like elimination of wastes and rejection, improving productivity, developing alternate vendors towards supply chain disruption, and focus on cost control has led to growth in the profitability. Accordingly, the Profit After Tax (PAT) for the current quarter is Rs. 694 lakhs, which is higher by 30% over the corresponding quarter previous year (YoY). On a Sequential basis (QoQ), the standalone sales for the quarter ended 30th June’22 is lower by 2% with PAT lower by 13% against Quarter ended 31st March’22 of the previous year. Result PDF
Wendt India's Q4FY22 consolidated profit rises 41% YoY despite a 4% growth in revenues Industrial machinery company Wendt India announced Q4FY22 results: Standalone: Company achieved sales of Rs.15,812 lakhs during FY22, which is 32% higher than the previous year. Accordingly, the Profit After Tax (PAT) for the current year is Rs. 2710 lakhs, which is 110% higher than the previous year. The Company achieved total Sales of Rs. 4,395 lakhs for the Q4FY22, which is 8% higher than the corresponding quarter Reported PAT of Rs. 797 lakhs, 34% higher than the corresponding quarter last year. Consolidated: In FY22, the company’s sales stood at Rs. 17,724 lakhs which is 31% higher than the previous year with the PAT of Rs. 2,707 lakhs, which is 112% higher than the previous year. In Q4FY22, the company achieved sales of Rs. 4,730 lakhs which is 4% higher than the corresponding quarter previous year and PAT of Rs. 747 lakhs, which is 41% higher than the previous year. Result PDF
Industrial Machinery company Wendt India declares Q3FY22 result: Q3 Standalone Performance: Sales growth 19 %, PAT growth 101% Q3 Consolidated Performance: Sales growth 15 %, PAT growth 30% Dividend @ 200% at Rs 20/- per share On a Standalone basis, the Company achieved sales of Rs. 3604 lakhs during the quarter ended 31 st Dec’2021 which is 19% higher than the corresponding period last year. The domestic sales recorded Rs. 2773 lakhs during the quarter ended 31st Dec’2021 which is higher by 12% over the corresponding quarter last year. This is on account of higher sales to major user industries like engineering, steel, cutting tools, bearings etc. Exports was Rs. 831 lakhs during the quarter ended 31st Dec’2021, higher by 51% over the corresponding quarter previous year. Accordingly, the Profit After Tax (PAT) for the current quarter is Rs. 676 lakhs, which is 101% higher than the corresponding quarter last year (YoY). The Company achieved total Sales of Rs. 11360 lakhs for the nine months ended 31st Dec 2021 which is 45% higher than the corresponding period last year with PAT of Rs. 1913 lakhs, 176 % higher than the corresponding period last year. On a Consolidated basis, Company’s sales stood at Rs. 4059 lakhs for the current quarter which is 15% higher than the corresponding period of last year with the PAT of Rs. 556 lakhs, which is 30% higher than the corresponding period last year. The Company achieved total Sales of Rs. 12937 lakhs for the nine months ended 31 st Dec 2021 which is 44% higher than the corresponding period last year and PAT of Rs. 1960 lakhs, which is 162% higher than the corresponding period last year. Result PDF