Wendt (India) Limited — Updates, 23-04-2025: Press Release

Wendt (India) Ltd reported standalone sales of ₹21,197 lakhs for the fiscal year, a modest 3% increase from the previous year. Domestic sales rose by 7% to ₹16,834 lakhs, driven by strong demand from key sectors such as automotive, steel, and ceramics. However, exports fell 12% to ₹4,362 lakhs due to geopolitical uncertainties. The Profit After Tax (PAT) decreased by 3% to ₹3,829 lakhs, primarily attributed to a shift in product mix and rising costs. For the quarter ended March 31, 2025, sales were ₹6,976 lakhs, reflecting a 7% year-on-year growth, but PAT dipped 5% to ₹1,247 lakhs.

On a consolidated basis, the company reported revenues of ₹23,114 lakhs, also up 3%, with PAT at ₹3,948 lakhs, down 4%. Quarterly consolidated sales reached ₹7,494 lakhs, an 8% increase, while PAT was ₹1,289 lakhs, a 4% decrease compared to the previous year.

The Board recommended a final dividend of ₹20 (200% on face value of ₹10) per share, bringing the total dividend for the year to ₹50 per share, inclusive of an interim dividend.