Wanbury Limited — Important, 13-02-2025: General Updates

The Board of Directors of Wanbury Limited approved the un-audited financial results for the quarter and nine months ended 31 December 2024, showing a total income of ₹ 13,428.93 cr and a profit after tax of ₹ 121.77 cr. The company reported a revenue decrease compared to the previous quarter, largely due to a scheduled upgrade at its Tanuku plant, which was shut down for 30 days. The holding company has also initiated a plan to raise up to ₹ 200 cr via unlisted, secured, redeemable non-convertible debentures, with ₹ 175 cr already committed from Emerging India Credit Opportunities Fund II. Additionally, 2,00,000 stock options (ESOPs) have been granted, indicating commitment to employee incentives. Overall, while the financial results reflect challenges from operational disruptions, the strategic funding initiatives suggest a potential for positive longer-term growth. Investors should monitor the implementation of these changes closely.