Western India Plywoods' Q2 FY 2025-26 Quarterly Results

Result Summary

• Western India Plywoods Ltd reported a 3.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 3.3%.
• Its expenses for the quarter were up by 4.3% QoQ and 0.0% YoY.
• The net profit decreased 44.1% QoQ and decreased 81.0% YoY.
• The earnings per share (EPS) of Western India Plywoods Ltd stood at 0.25 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 engaged in the manufacture and sale of plywood products. The company operates primarily within the wood products industry, which includes the production of plywood, veneers, and other wood-based materials used in various applications such as construction, furniture making, and interior decoration. As of the latest available information, no recent major developments specific to Western India Plywoods Ltd have been highlighted. The company's performance in the market is influenced by industry trends, demand for wood products, and competitive dynamics within the sector.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Western India Plywoods Ltd reported a total income of ₹30.20 crores. This represents a 3.7% increase in revenues compared to the previous quarter (Q1FY26), where total income was ₹29.11 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), there was a decrease of 3.3%, as the total income then was ₹31.22 crores. These revenue figures reflect the company's ability to generate sales within the given periods, taking into account seasonal and market variations.

Profitability

The company's profitability, as measured by profit before tax (PBT) and profit after tax (PAT), saw a decline in Q2FY26. The profit before tax for this quarter was ₹0.40 crores, down from ₹0.53 crores in the previous quarter, marking a quarter-over-quarter (QoQ) decrease of 24.5%. Year-over-year (YoY), this represents a significant decline of 71.8% from Q2FY25's PBT of ₹1.42 crores. The profit after tax followed a similar trend, with a value of ₹0.19 crores in Q2FY26 compared to ₹0.34 crores in Q1FY26 and ₹1.00 crores in Q2FY25, showing a QoQ decrease of 44.1% and a YoY decrease of 81.0%. The earnings per share (EPS) also reflected this downward trend, decreasing from ₹1.14 in Q2FY25 to ₹0.25 in Q2FY26, which is a YoY decline of 78.1%.

Operating Metrics

Total expenses for Western India Plywoods Ltd in Q2FY26 amounted to ₹29.80 crores, which is an increase of 4.3% from the previous quarter's expenses of ₹28.58 crores. The expenses remained unchanged compared to the same quarter in the previous year (Q2FY25), which also recorded expenses of ₹29.80 crores. The tax for Q2FY26 was ₹0.21 crores, showing an increase of 10.5% from Q1FY26, when it was ₹0.19 crores, but a 50.0% decrease from the tax of ₹0.42 crores in Q2FY25. These operating metrics illustrate the cost structure and tax obligations of the company, which are critical for understanding its financial operations over the reported periods.