For the quarter ended June'15, WPIL registered a 34% fall in standalone net sales to Rs 34.98 crore. OPM was down by 190 bps to 13.6%, thus resulting in OP fall of 43% to Rs 4.76 crore. Other income was up by 33% to Rs 0.64 crore. Interest costs and depreciation costs were lower by 51% and 8% to Rs 1.62 crore and Rs 0.68 crore respectively. Thus PBT stood at Rs 3.10 crore, down by 35% YoY. After providing total tax of Rs 1.44 crore, down by 10%, standalone PAT stood at Rs 1.66 crore, down by 47% YoY.

Standalone Performance for the year ended Mar'15

For the year ended Mar'15, standalone net sales were down by 12% to Rs 233.03 crore. OPM was more or less flat at 14.2% resulting a 12% fall in OP to Rs 33.03 crore. Other income was down by 28% to Rs 4.64 crore due to higher dividend income for the year ended Mar'14. Interest costs was lower by 37% to Rs 11.17 crore and depreciation was up by 28% to Rs 2.75 crore. After providing total tax of Rs 6.91 crore, Standalone PAT for 12 months ended Mar'15 stood at Rs 16.84 crore down by 2% YoY.

Consolidated Performance for the year ended Mar'15

For the year ended Mar'15, consolidated net sales were down by 5% to Rs 483.02 crore. OPM was down by 260 bps to 13.4%, resulting in a 21% fall in OP to Rs 64.70 crore. Other income was up by 37% to Rs 2.43 crore, thus PBIDT stood at Rs 67.13 crore down by 19% YoY. Interest costs was up by 24% to Rs 28.57 crore and depreciation was up by 7% to Rs 7.21 crore. After providing total tax of Rs 11.07 crore, Consolidated PAT for 12 months ended Mar'15 stood at Rs 20.28 crore down by 49% YoY. After providing share of loss from Associates of Rs 1.53 crore and MI of Rs 0.26 crore, PAT after MI and Associates stood at Rs 18.49 crore, down by 39% YoY.

The company has recommended a dividend of Rs 2 per share of face value of Rs 10 each.