Wendt India reported a 62% year-on-year increase in standalone profit after tax (PAT) to ₹800 lakh for the quarter ended June 30, 2026, driven by robust domestic demand in key user industries. The company’s standalone revenue from operations expanded by 31% to ₹6,123 lakh, with domestic sales rising 38% while exports grew by 7%. This performance signals sustained momentum into the new fiscal year, supported by higher off-take in auto, auto ancillaries, blades, bearings, and ceramics sectors.

The Board of Directors approved the unaudited financial results at a meeting held on July 24, 2026. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors Price Waterhouse Chartered Accountants LLP conducted a limited review of both standalone and consolidated financial statements, issuing an unmodified conclusion on the interim financial information.

Financial Highlights

Standalone revenue from operations stood at ₹6,123 lakh compared to ₹4,712 lakh in Q1FY26. Profit before tax (PBT) increased by 60% to ₹1,057 lakh. On a consolidated basis, total group sales surged 37% to ₹7,093 lakh, with consolidated PAT increasing by 63% to ₹618 lakh. The consolidated EBITDA improved to ₹110M from ₹73M year-on-year, with the EBITDA margin expanding to 15.51% from 13.95%.

Segment Performance

The Super Abrasives segment remained the primary revenue contributor, with standalone segment revenue reaching ₹4,152 lakh, up from ₹3,596 lakh in the corresponding quarter. The Machines and Accessories segment saw significant standalone revenue growth to ₹1,168 lakh from ₹433 lakh year-ago. However, this unit reported a consolidated loss of ₹149 lakh, an improvement from a loss of ₹330 lakh in Q1FY26. Precision Components revenue remained stable at ₹757 lakh on a standalone basis.

Consolidated results include contributions from wholly owned subsidiaries Wendt Grinding Technologies Ltd, Thailand, and Wendt GmbH, Germany. These foreign subsidiaries reported total revenue of ₹1,137 lakh but incurred a net loss after tax of ₹139 lakh for the quarter. Export growth was fueled by increased demand from the US, Singapore, Thailand, Canada, Australia, and Spain.

What the Numbers Show

A notable divergence exists between standalone and consolidated profitability margins. While standalone PBT margin was approximately 17.30% (₹1,057 lakh PBT on ₹6,123 lakh revenue), consolidated PBT margin was lower at roughly 12.50% (₹894 lakh PBT on ₹7,128 lakh revenue). This gap is largely attributable to losses incurred by foreign subsidiaries, which weighed down group profitability despite strong top-line growth. The improvement in the Machines and Accessories segment’s loss position suggests ongoing cost controls are taking effect, even if full profitability has not yet been restored in that unit.

Wendt India Limited has removed the senior management designation of two key executives, Thiyagarajan R and Sanjaya S C, effective July 24, 2026. The company name disclosed the change to the Bombay Stock Exchange and the National Stock Exchange of India Limited, citing a restructuring of its internal reporting hierarchy as the primary driver for the administrative adjustment. Despite the removal from the senior management cadre defined under listing regulations, both individuals continue their employment with the company in their respective functional roles.

The disclosure was made pursuant to Regulation 30 read with Schedule III, Part A, Para A (7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its filing. The notice was signed by Arjun Raj P, Company Secretary, and digitally executed on July 24, 2026.

Personnel Affected

The following officials were previously designated as senior management but have had this status withdrawn:

According to Annexure A of the disclosure, the term of appointment is not applicable as this is a cessation of designation rather than an appointment or resignation. The company clarified that the reason for the change is strictly organizational, with no implication of resignation, removal, or death.

Regulatory Compliance Details

The filing adheres to the specific requirements laid out in the Listing Regulations regarding changes in senior management personnel. The company confirmed that no relationships between directors require disclosure in this instance, as the affected individuals are not directors. Furthermore, the information required pursuant to BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24, both dated June 20, 2018, was marked as not applicable for this specific type of structural change.

This administrative update ensures that Wendt India’s public disclosures accurately reflect its current internal governance structure while maintaining transparency with investors regarding the composition of its senior leadership team.