Wendt (India) FY25 Sales Rise; PAT Slightly Down

25 Apr 2025 CW Team

Wendt (India) Ltd announced its audited financial results for the quarter and year ended March 31, 2025. The company reported standalone sales of Rs 2119.7 million, marking a 3% increase year-on-year. Domestic sales rose 7% to Rs 1,683.4 million, driven by strong demand from key sectors including auto components, steel, ceramics, and cutting tools. However, exports declined 12% to Rs 436.2 million due to geopolitical uncertainties and global recessionary trends.

Standalone Profit After Tax (PAT) for the year stood at Rs 382.9 million, down 3% from the previous year, primarily due to an unfavorable product mix and increased costs. For Q4 FY25, the company reported sales of Rs 697.6 million (up 7% YoY) and PAT of Rs 124.7 million (down 5%).

On a consolidated basis, Wendt (India) posted annual revenue of Rs 2311.4 million (up 3%) and a PAT of Rs 394.8 million (down 4%). Q4 consolidated revenue came in at Rs 749.4 million, up 8% from the same period last year, while PAT declined 4% to Rs 128.9 million.

Its Thai subsidiary, Wendt Grinding Technologies Ltd, contributed Rs 215.4 million in revenue and Rs 13.7 million in PAT for FY25.

The Board recommended a final dividend of Rs 20 per share, adding to the Rs 30 interim dividend paid earlier, taking the total dividend for FY25 to Rs 50 per share (500% of face value).

Wendt (India) is part of the Murugappa Group, a diversified conglomerate with interests across engineering, financial services, agri-inputs, and more.

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