Western India Plywoods' Q1 FY 2025-26 Quarterly Results

Result Summary

• Western India Plywoods Ltd reported a 14.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.8%.
• Its expenses for the quarter were up by 12.3% QoQ and 14.9% YoY.
• The net profit decreased 477.8% QoQ and increased 126.7% YoY.
• The earnings per share (EPS) of Western India Plywoods Ltd stood at 0.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Western India Plywoods Ltd is a company primarily engaged in the manufacturing and sale of plywood and related wood products. The company operates in the wood and wood products industry, which includes the production of plywood, veneers, and other timber-related products. As of the latest updates, there are no significant major developments publicly available regarding Western India Plywoods Ltd. The company is known for its focus on quality and sustainability in its production processes.

Revenue

The total income for Western India Plywoods Ltd in Q1FY26 was ₹29.11 crores, marking a significant increase of 14.4% compared to the previous quarter (Q4FY25), where the income was ₹25.44 crores. Year-over-year (YoY) comparison with Q1FY25 shows a growth of 15.8% from ₹25.13 crores. This upward trend indicates a positive trajectory in the company's revenue generation over the past year, with consistent growth in both quarterly and annual terms.

Profitability

For Q1FY26, Western India Plywoods Ltd reported a Profit Before Tax (PBT) of ₹0.53 crores, a remarkable improvement from a loss of ₹0.01 crores in Q4FY25. The Profit After Tax (PAT) also saw an increase, reaching ₹0.34 crores in Q1FY26 compared to a loss of ₹0.09 crores in the previous quarter. The YoY comparison shows a significant increase in PBT and PAT from ₹0.26 crores and ₹0.15 crores respectively in Q1FY25. The company's Earnings Per Share (EPS) for Q1FY26 was ₹0.40, compared to negative EPS in the previous quarter and ₹0.20 in Q1FY25. This improvement highlights robust growth in profitability metrics on both a quarterly and yearly basis.

Operating Metrics

Total expenses for Q1FY26 were ₹28.58 crores, which increased by 12.3% from ₹25.45 crores in Q4FY25. Compared to Q1FY25, where expenses were ₹24.87 crores, there was a 14.9% increase. The tax expense for Q1FY26 was ₹0.19 crores, showing a significant rise from ₹0.08 crores in Q4FY25 and ₹0.11 crores in Q1FY25. The substantial increase in tax expenses reflects the increased profitability during the quarter. These figures, notably the rise in total income outpacing the rise in expenses, contribute to the improved profitability metrics observed for the quarter.