Wendt India Q1 net rises 25% on higher sales to user industries

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Wendt India Q1 net rises 25% on higher sales to user industries


Murugappa Group agency Wendt India reported standalone net revenue for the June quarter rose 25% to ₹9 crore from the year-earlier interval on account of higher sales to virtually all user industries.

Revenue from operations elevated 7% to ₹46 crore, of which exports was ₹12 crore. Higher exports to the U.S., U.Ok., Taiwan, Indonesia, Thailand and Italy was cited as the principle cause for the rise in income, the maker of tremendous abrasives mentioned in a regulatory submitting.

Non-executive director N. Ananthaseshan can be stepping down on August 2 owing to private commitments, the corporate mentioned.



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