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Wendt India Ltd Q1FY24; 25% rise in Profits

Wendt India is a leading manufacturer of Super Abrasives, Machining Tools, and Precision Components. It is a preferred supplier for many of the automobile, auto component, engineering, aerospace, defense ceramics customers for their Super Abrasive Tooling solutions, Grinding & Honing Machines, and Precision components.

Financial Results:

Wendt India Ltd reported Revenues for Q1FY24 of ₹51.26 Crores up from ₹47.73 Crore year on year, a rise of 7.4%.

Total Expenses for Q1FY24 of ₹40.92 Crores up from ₹38.54 Crores year on year, a rise of 6.18%.

Consolidated Net Profit of ₹9.02 Crores up 24.76% from ₹7.23 Crores in the same quarter of the previous year.

The Earnings per Share is ₹45.10, up 24.76% from ₹36.15 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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