Wendt (India) Ltd has released its audited financial results for the fiscal year ending 31st March 2026, reporting standalone sales of ₹20,652 lakh. This marks a 3% decrease from the previous year, attributed to delays in customer clearance for machine dispatches. Domestic sales reached ₹16,465 lakh, down by 2%, while exports totalled ₹4,187 lakh, a 4% decline from the previous year.
The company’s standalone Profit After Tax (PAT) stood at ₹2,275 lakh, reflecting a significant 41% drop compared to the previous year. The decline in profit was primarily due to changes in the product mix and increased costs.
On a consolidated basis, Wendt India‘s sales were ₹23,394 lakh, maintaining parity with the previous year. However, the consolidated PAT fell sharply by 63% to ₹1,455 lakh.
The Board of Directors has recommended a final dividend of ₹10 per share, representing 100% of the face value of equity shares, contingent upon shareholder approval at the upcoming Annual General Meeting on 24th July 2026. Including an interim dividend of ₹20 per share declared earlier, the total dividend for the year amounts to ₹30 per share, equating to 300% of the face value of equity shares.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).