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13-Feb-2025

WPIL

PAT of continuing business down 11% on lower sales


'Net sales (including other operating income) of WPIL for the quarter ended Dec 2024 has declined 11.40% to Rs 381.6 crore.  Operating profit margin has declined from 16.24% to 12.61%, leading to 31.21% decline in operating profit to Rs 48.11 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 17.72% to 27.71%.   Employee cost increased from 13.75% to 15.14%.   Other expenses fell from 51.31% to 44.85%.   Contract job process charges fell from 40.14% to 31.50%.   Other income rose 23.33% to Rs 11.1 crore.  PBIDT fell 24.99% to Rs 59.21 crore.  Provision for interest rose 19.61% to Rs 11.16 crore.  PBDT fell 30.97% to Rs 48.05 crore.  Provision for depreciation rose 8.74% to Rs 8.34 crore.  Profit before tax down 35.89% to Rs 39.71 crore.  Share of profit/loss was 144.63% higher at Rs 5.92 crore.  Provision for tax was expense of Rs 8.5...



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