Wendt India Q3 results: Clocks consolidated net profit of Rs 4 crore

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Wendt India Q3 results: Clocks consolidated net profit of Rs 4 crore


Abrasives manufacturer Wendt India has clocked Rs 4.27 crore consolidated net for the quarter ending December 31, 2020.

The Murugappa Group company had reported consolidated net profit of Rs 2.20 crore during the corresponding quarter previous year.

For the nine months period ending December 31, 2020 consolidated profit stood at Rs 7.47 crore as against Rs 10.80 crore recorded same period last fiscal, the company said on Friday.

Total income on consolidated basis for the quarter under review, grew to Rs 36.86 crore from Rs 34.99 crore.

For the nine month period ending December 31, 2020 consolidated total income was at Rs 94.37 crore as against Rs 120.94 crore.

The company said in line with the earlier years, the Board of Directors declared an interim dividend of Rs 10 per share (100 per cent on face value of equity shares of Rs 10 each), the statement added.





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