Results - Announcements
Wendt India Ltd share price declined by 1.94% to Rs 7712.6 after the company's net profit contracted by 11.17% to Rs 5.49 crore, while revenue from operations slightly gained 1.48% to Rs 71.98 crore in Q3FY26 over Q2FY26.
The market capitalization of Abrasives & Bearings industry group stocks on BSE stood at Rs 88380.57 crore, declining 4.47%. It has softened by 4.05% over last one week and edged lower by 5.49% in last one month while the market capitalization of Wendt India Ltd has slipped by 2.17% and 3.86% in the same period respectively.
Profit before tax (PBT) of Wendt India Ltd stood at Rs 7.83 crore in Q3 FY26, rallying 77.55% year-on-year, and falling 12.42% quarter-on-quarter. EBITDA came in at Rs 10 crore, surging by 80.86% YoY and easing 2.53% sequentially.
Total expenses inched up 2.63% to Rs 65.53 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 21.54 crore, advancing by 10.29% YoY, while employee benefits expense was at Rs 16.0 crore, ticking higher by 5.40% YoY.
For the TTM ended FY26, revenue from operations tick up 1.21% to Rs 233.94 crore, while net profit plunged by 63.15% to Rs 14.55 crore, compared to previous TTM. EBITDA jumped by 4748% to Rs 26.51 crore, and PBT tanked by 55.46% to Rs 22.82 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 21.87 crore in FY26, as against Rs 33.64 crore in FY25.
Wendt India Ltd tumbled by 13.87% in last one year, significantly underperforming the benchmark BSE Sensex which has slipped by 12.46% during the same period.