Wendt (India) Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 18.9 % in YoY and increased by 28.57 % in QoQ

The comprehensive analytics outlining the performance and outlook of Wendt (India) Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Wendt (India) Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.9 %. However, it did see a marginal increase of 28.57 % from the previous quarter. Expenses ticked up slightly by 27.4 % quarter-on-quarter, aligning with the annual rise of 25.07 %. Operating profit, while up 3.61 % compared to last year, faced a quarter-on-quarter increase of 32.2 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.69 %, but an expansion of 0.69 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 5.2 %. Depreciation costs climbed by 7.62 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.67 %. Profit before tax grew annually by 3.76 % but saw an increase from the preceding quarter by 31.66 %.
Tax expenses as a percentage of profits decreased slightly by -0.63 % compared to last year, with a more notable quarter-on-quarter decrease of -4.33 %. Net profit rose by 4.61 % year-on-year but experienced a 39.38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.64 % but a quarterly rise of 39.55 %. In summary, Wendt (India) Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Wendt (India) Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.9 % year-on-year growth, however, there was a minor increase of 28.57 % from the previous quarter. Expenses rose by 25.07 % compared to the previous year, with a 27.4 % increase quarter-on-quarter. Operating Profit surged by 3.61 % annually, and saw a 32.2 % increase from the last quarter.
Net Profit showed yearly increase of 4.61 %, and experienced a 39.38 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.64 % annually, however rose by 39.55 % compared to the last quarter. In essence, while Wendt (India) Ltd., exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.