For quarter ended June 2013, WPL's OPM declined 197 bps to 9.3% compared to 11.3% recorded in the corresponding previous quarter, primarily due to a 37% increase in Purchase of stock in trade figure to Rs.132.76 compared to Rs.96.7 crore in the corresponding previous quarter. Also the Purchase of stock in trade has increased 506 bps to 16.3% of the Net sales compared to 11.2%in the corresponding previous quarter. Cost of raw material consumed (RM) came in at 46.1% of the Net Sales, a decrease of 444 bps compared to corresponding previous quarter. Staff costs increased 91 bps to 8.2% of the Net Sales compared to 7.2% recorded in the corresponding previous quarter. Other expenses, which includes expenses such as Freight, Cartage and Octroi, Power & Fuel and Service Contract and Workshop expenses, came in at 19.4% of the Net sales, increasing 11 bps compared to corresponding previous quarter. Interest cost, which is a nominal component of WPL's expenses, came in at Rs.0.31 crores, down 66% compared to Rs.0.91 crores in the corresponding previous quarter. Tax expense declined 18% to Rs.22.54 crore compared to Rs.27.36 crore in the corresponding previous quarter. Net profit came in at Rs.49.53 crore, which was down 23% compared to corresponding previous quarter due to weak margins and higher depreciation expense.

Promoters Holding

As of 30 June 2013, promoters' holding remained unchanged at 75% compared to previous quarter. No shares of WPL are pledged.

The scrip was trading almost 6% up at 170 as on Aug 14, 2013, 2.00 pm.