Wendt (India) Limited reported a decline in consolidated net profit to ₹3.78 crore for the quarter ended June 30, 2025, compared to ₹7.68 crore in the corresponding quarter of the previous year. Revenue from operations stood at ₹52.17 crore, against ₹49.06 crore in the same period last year. The board approved the declassification request from M/s. Wendt GmbH, Germany, and noted the stepping down of Mr. Ninad Gadgil, Executive Director and CEO, effective closing hours of 15th September 2025.
The consolidated revenue from operations for the quarter ended June 30, 2025, was ₹52.17 crore, which includes ₹51.63 crore from the sale of products and services and ₹0.54 crore from other operating revenues. This compares to a revenue of ₹49.06 crore for the quarter ended June 30, 2024, and ₹75.60 crore for the quarter ended March 31, 2025.
The segment-wise revenue for the quarter ended June 30, 2025, is as follows (₹ in Lakhs):
The Board of Directors approved the declassification request from M/s. Wendt GmbH, Germany, following their complete disinvestment of stake in the company on May 15th and 16th, 2025. This decision is subject to the receipt of no-objection from the Stock Exchanges as per Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mr. Ninad Gadgil, Executive Director and CEO, will be stepping down from his position effective closing hours of 15th September 2025, to pursue career prospects outside the Company.
Price Waterhouse Chartered Accountants LLP conducted a limited review of both the standalone and consolidated financial results for the quarter ended June 30, 2025. Their reports indicate that nothing has come to their attention that would suggest the results have not been prepared in accordance with applicable accounting standards and regulations.
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | FY25 |
|---|---|---|---|---|
| Revenue from operations | 52.17 | 75.60 | 49.06 | 233.72 |
| Other Income | 1.70 | 2.11 | 1.95 | 8.76 |
| Total Income | 53.87 | 77.71 | 51.01 | 242.48 |
| Profit Before Tax | 5.53 | 17.15 | 10.30 | 51.23 |
| Net Profit | 3.78 | 12.89 | 7.68 | 39.48 |
| Earnings Per Share (EPS) | 18.93 | 64.45 | 38.43 | 197.43 |
Financial Performance
The consolidated revenue from operations for the quarter ended June 30, 2025, was ₹52.17 crore, which includes ₹51.63 crore from the sale of products and services and ₹0.54 crore from other operating revenues. This compares to a revenue of ₹49.06 crore for the quarter ended June 30, 2024, and ₹75.60 crore for the quarter ended March 31, 2025.
Other income for the quarter stood at ₹1.70 crore, compared to ₹1.95 crore for the quarter ended June 30, 2024, and ₹2.11 crore for the quarter ended March 31, 2025.
Total expenses for the quarter amounted to ₹48.34 crore, compared to ₹40.71 crore for the quarter ended June 30, 2024, and ₹60.56 crore for the quarter ended March 31, 2025.
Segment-wise Revenue
The segment-wise revenue for the quarter ended June 30, 2025, is as follows (₹ in Lakhs):
- Super Abrasives: ₹3,609
- Machines and Accessories: ₹433
- Precision Products: ₹649
- Others: ₹501
Declassification of Wendt GmbH
The Board of Directors approved the declassification request from M/s. Wendt GmbH, Germany, following their complete disinvestment of stake in the company on May 15th and 16th, 2025. This decision is subject to the receipt of no-objection from the Stock Exchanges as per Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Change in Key Managerial Personnel
Mr. Ninad Gadgil, Executive Director and CEO, will be stepping down from his position effective closing hours of 15th September 2025, to pursue career prospects outside the Company.
Auditor's Review
Price Waterhouse Chartered Accountants LLP conducted a limited review of both the standalone and consolidated financial results for the quarter ended June 30, 2025. Their reports indicate that nothing has come to their attention that would suggest the results have not been prepared in accordance with applicable accounting standards and regulations.
