• Standalone net sales (including other operating income) of WPIL has increased 17% to Rs 117.63 crore.  Operating profit margin has jumped from 12.4% to 27.1%, leading to 155% rise in operating profit to Rs 31.91 crore.   Provision for interest fell 28% to Rs 2.11 crore.   Provision for depreciation rose 2% to Rs 1.41 crore.  Profit before tax grew 20% to Rs 26.56 crore.  Provision for tax was expense of Rs 6.38 crore, compared to Rs 4.84 crore.  Effective tax rate was 24.02% compared to 21.90%. Profit after tax rose 17% to Rs 20.18 crore.  
• On deducting standalone finals from consolidated numbers the sales of subsidiaries was up 29% to Rs 235.59 crore. With OPM contract by 210 bps to 21.1% the growth at OP was restricted at 17% to Rs 49.62 crore. But the growth at PBT was up 90% to Rs 42 crore gained largely by Rs 14.54 crore swing in other income to Rs 4.56 crore.

Yearly Performance

Consolidated net sales (including other operating income) has increased 9% to Rs 994.83 crore.  Operating profit margin has jumped from 13.2% to 15.1%, leading to 25% rise in operating profit to Rs 150.69 crore.  Other income stood flat at Rs 15.35 crore.  Provision for interest rose 7% to Rs 22.5 crore.  Provision for depreciation fell 1% to Rs 36.95 crore. Profit before tax grew 38% to Rs 106.59 crore.  Share of profit/loss was 91% higher at Rs 2.17 crore.  Provision for tax was expense of Rs 30.50 crore, compared to Rs 22.80 crore.  Thus the PAT was up 41% to Rs 78.25 crore. Eventually net profit attributable to owners of the company increased 10% to Rs 63.75 crore as minority interest being share of profit of RS 14.51 crore compared to a share of loss of RS 2.38 crore in last year. 

Standalone net sales (including other operating income) has declined 8% to Rs 340.33 crore.  Operating profit margin has jumped from 17.0% to 21.3%, leading to 15% rise in operating profit to Rs 72.65 crore.   Other income fell 27.61% to Rs 21.76 crore.  Provision for interest fell 6% to Rs 9.57 crore.    Provision for depreciation down 3% to Rs 5.48 crore.  Profit before tax grew 2% to Rs 79.36 crore.  Provision for tax was expense of Rs 19.63 crore, compared to Rs 18.24 crore.   Profit after tax rose 1% to Rs 59.73 crore.   

Other developments

To pay a dividend of Rs 10 per equity share of Rs 10 face value each.

Equity capital stood at Rs 9.77 crore as of 31 March 2021 to Rs 9.77 crore as of 31 March 2020.  Per share face Value remained same at Rs 10.00.  

Promoters' stake was 70.66% as of 31 March 2021, compared to 69.38% as of 31 March 2020.