Wendt India Ltd's Q3FY25 Quarter Results
- 14h ago
Result Summary
- Wendt India Ltd reported a 5.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 1.8%.
- Its expenses for the quarter were down by 1.3% QoQ and up 3.1% YoY.
- The net profit decreased 23.1% QoQ and decreased 14.4% YoY.
- The earnings per share (EPS) of Wendt India Ltd stood at 41.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 55.32 | 58.44 | 56.32 | -5.3% | -1.8% |
Total Expenses | 44.70 | 45.28 | 43.34 | -1.3% | 3.1% |
Profit Before Tax | 10.62 | 13.16 | 12.98 | -19.3% | -18.2% |
Tax | 2.40 | 2.47 | 3.38 | -2.8% | -29.0% |
Profit After Tax | 8.22 | 10.69 | 9.60 | -23.1% | -14.4% |
Earnings Per Share | 41.10 | 0.00 | 48.00 | - | -14.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Wendt India Ltd is a reputed company recognized primarily for its manufacturing and supply of high-precision grinding products, tools, and machines. The company operates in the industrial machinery and equipment segment, serving a variety of sectors like automotive, aerospace, and general engineering. Wendt India is known for its advanced technological solutions in superabrasives, which include diamond and cubic boron nitride (CBN) products. As of the latest data available up to October 2023, no specific recent major developments are noted for Wendt India Ltd. This information provides a backdrop for understanding their financial performance in the reported quarter.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Wendt India Ltd reported a total income of ₹55.32 crores. This represents a decrease of 5.3% from the previous quarter (Q2FY25), where the total income was ₹58.44 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹56.32 crores, there is a decline of 1.8%. These figures reflect the company's revenue generation over the period analyzed, showing a reduction in income both on a quarter-over-quarter (QoQ) and year-over-year (YoY) basis.
Profitability
In terms of profitability, Wendt India Ltd's profit before tax (PBT) for Q3FY25 was reported at ₹10.62 crores. This marks a significant decline of 19.3% from the previous quarter (Q2FY25), where the PBT was ₹13.16 crores. Compared to Q3FY24, there is an 18.2% decline from the previous fiscal year's corresponding quarter PBT of ₹12.98 crores. The company's tax expenses for Q3FY25 were ₹2.40 crores, slightly lower than the previous quarter's ₹2.47 crores, reflecting a 2.8% decrease QoQ. Year-over-year, the tax expenses show a substantial decrease of 29.0% from ₹3.38 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 stands at ₹8.22 crores, down by 23.1% from ₹10.69 crores in Q2FY25, and a decrease of 14.4% from ₹9.60 crores in Q3FY24. Earnings per share (EPS) for the quarter is noted as ₹41.10, reflecting a 14.4% decline compared to ₹48.00 in Q3FY24.
Operating Metrics
Analyzing the operational aspects, total expenses in Q3FY25 were ₹44.70 crores, which is a slight reduction of 1.3% from ₹45.28 crores in Q2FY25. However, compared to the same period last year (Q3FY24), where expenses were ₹43.34 crores, there is an increase of 3.1%. These figures highlight the cost management over the quarters under review. Notably, the ratio of profit before tax to total income for Q3FY25 is approximately 19.2%, compared to 22.5% in Q2FY25 and 23.1% in Q3FY24, indicating changes in operational efficiency and profitability margins over these periods. The provided data does not include specific ratios like the P/E ratio, debt-to-equity ratio, or current ratio, hence these cannot be computed or analyzed.
