Wendt India announced that Shrinivas G Shirgurkar, Independent Director and Chairman of the Board would be retiring after completion of his 2nd term of office as Independent Director on 23 July 2024.Meanwhile, the Board of the company at its meeting held on 22 July 2024 has approved the appointment of Bhagya Chandra Rao (DIN: 00211127) as the Chairman w.e.f. 24 July 2024.Powered by Capital Market - Live News

Net profit of Wendt India declined 14.86% to Rs 7.68 crore in the quarter ended June 2024 as against Rs 9.02 crore during the previous quarter ended June 2023. Sales declined 4.68% to Rs 48.44 crore in the quarter ended June 2024 as against Rs 50.82 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales48.4450.82 -5 OPM %21.7624.40 - PBDT12.4914.21 -12 PBT10.3012.15 -15 NP7.689.02 -15 Powered by Capital Market - Live News

Wendt India will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live News

Wendt India announced that the 42th Annual General Meeting (AGM) of the company will be held on 22 July 2024.Powered by Capital Market - Live News

Net profit of Wendt India rose 4.61% to Rs 13.38 crore in the quarter ended March 2024 as against Rs 12.79 crore during the previous quarter ended March 2023. Sales rose 21.56% to Rs 69.47 crore in the quarter ended March 2024 as against Rs 57.15 crore during the previous quarter ended March 2023.For the full year,net profit rose 2.15% to Rs 40.95 crore in the year ended March 2024 as against Rs 40.09 crore during the previous year ended March 2023. Sales rose 8.29% to Rs 224.82 crore in the year ended March 2024 as against Rs 207.61 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales69.4757.15 22 224.82207.61 8 OPM %25.2329.61 -24.7527.05 - PBDT19.3518.65 4 62.7661.13 3 PBT17.0916.47 4 54.2153.02 2 NP13.3812.79 5 40.9540.09 2 Powered by Capital Market - Live News