Wendt's Q3 Financial Overview

In a recent financial disclosure, Wendt, a notable entity under the Murugappa group, reported a 14% decline in its standalone third quarter net profit, dropping to Rs 7.87 crore from Rs 9.15 crore in the corresponding period last year.

Revenue and Profit Analysis

Revenue from operations remained nearly flat, with a slight decrease from nearly Rs 50 crore last Q3 to just under Rs 49 crore this year. The quarter-on-quarter comparison reveals a sharper decline, with Q2 figures standing at Rs 51.21 crore. Profit before tax also saw a reduction, moving from Rs 12.42 crore to Rs 10.16 crore, with Q2's comparative figure at Rs 12.89 crore.

Previous Quarter Comparison

Reflecting on the previous quarter, Wendt had reported a net profit of Rs 10.5 crore in the second quarter of the current fiscal year, indicating a fluctuating financial performance that warrants closer scrutiny.