|
Results
04-Nov-20
|
|
|
|
|
Analysis
|
|
WPIL
|
Consolidated PBT down 50%, standalone PBT up 29%
|
|
|
WPIL registered 20% fall in consolidated sales to Rs 182.48 crore for the quarter ended Sep 2020. That together with 140 bps contraction in operating profit margin has led to 28% fall in operating profit to Rs 23.08 crore. The other income jumped up by 206% to Rs 2.95 crore and thus the PBIDT was down by 21% to Rs 26.03 crore. The interest cost was up by 36% to Rs 5.50 crore and the depreciation was up by 23% to Rs 10.12 crore. Thus the PBT was down by 50% to Rs 10.41 crore. The share of profit from Associate was Rs 1.09 crore (a jump of 315%) and thus the PBT before EO was down by 45% to Rs 11.50 crore. EO for the period as well as corresponding previous period was nil. With taxation being a provision of Rs 1.34 crore against a write back of Rs 0.39 crore in corresponding previous period, the PAT was down by 52% to Rs 10.17 crore. The minority interest was a loss of Rs 1.14 crore as against a share of profit of Rs 3.36 crore in the corresponding previous period. Thus the net profit after MI was down by 37% to Rs 11.31 crore.
- Standalone sales of the company for the quarter was down by 39% to Rs 62.86 crore. But with OPM expand by 1090 bps to 24.4%, the operating profit was up by 10% to Rs 15.32 crore. But with OI jump by 129% to Rs 6.34 crore, the PBIDT was up by 29% to Rs 21.65 crore. After accounting for higher interest and lowerdepreciation the PBT was up by 29% to Rs 17.32 crore. With taxation stand higher by 544% to Rs 4.48 crore, the PAT was up by 1% to RS 12.84 crore.
- On deducting standalone financials from consolidated financials, the sales of subsidiaries was down by 4% to Rs 119.62 crore and with OPM contract by 800 bps to 6.5%, the operating profit was down by 57% to Rs 7.76 crore. The PBT was a loss of Rs 6.91 crore compared to a profit of Rs 7.30 crore in the corresponding previous period.
Half Yearly performance
Consolidated sales was down by 10% to Rs 384.46crore. But with OPM expand by 210 bps to 11.2%, theOP was up by 11% to Rs 42.93 crore. After accounting for higher OI, higher interest and higher depreciation, the PBT (before share of profit from associate& EO) was up by 21% to Rs 21.25 crore. The PBT after share of profit from associate was up by 21% to Rs 21.25 crore with share of profit from associate stand higher by 4% to Rs 0.46 crore. The PAT was flat at Rs 16.16 crore with taxation stand higher by 261% to Rs 5.09 crore. Eventually the net profit was down by 14% to Rs 17.90 crore as minority interest being a share of loss amounting Rs 1.74 crore, a fall of 61%.
|
|
Previous News |
WPIL
(
Analyst Meet / AGM
-
Conference Call
06-Feb-24
08:56
)
|
|
WPIL
(
Analyst Meet / AGM
-
Conference Call
01-Jun-24
01:55
)
|
|
WPIL
(
Results
-
Analysis
11-Aug-23
10:57
)
|
|
WPIL schedules AGM
(
Corporate News
-
27-May-24
11:04
)
|
|
WPIL
(
Results
-
Analysis
16-Aug-18
11:36
)
|
|
WPIL to announce Quarterly Result
(
Corporate News
-
08-Aug-23
11:16
)
|
|
WPIL standalone net profit declines 5.88% in the December 2017 quarter
(
Results
-
Announcements
03-Feb-18
17:05
)
|
|
WPIL consolidated net profit rises 31.28% in the March 2022 quarter
(
Results
-
Announcements
20-May-22
15:32
)
|
|
WPIL receives orders worth Rs 851.31 cr from Madhya Pradesh Jal Nigam
(
Corporate News
-
23-Dec-20
16:47
)
|
|
WPIL announces demise of director
(
Corporate News
-
26-Dec-17
14:38
)
|
|
WPIL to convene AGM
(
Corporate News
-
01-Aug-22
13:01
)
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|