We Win Limited Reports 8% Revenue Growth in Q1, Sets AGM Date
We Win Limited announced Q1 financial results with revenue from operations at Rs. 2,033.98 crore, up 8% year-over-year. Net profit decreased to Rs. 59.36 crore from Rs. 66.27 crore in the previous year. EBITDA increased by 4% to Rs. 172.58 crore. The company scheduled its 18th AGM for September 12 in Bhopal, appointing M/s S Anjum & Associates as Secretarial Auditors and MUFG Intime India Private Limited as e-Voting Agency. Managing Director Abhishek Gupta emphasized focus on operational efficiencies and service expansion for sustainable growth.
*this image is generated using AI for illustrative purposes only.
We Win Limited (NSE: WEWIN, BSE: 543535), a leading call center services provider, has announced its unaudited financial results for the first quarter, showcasing steady growth and operational performance.
Financial Highlights
The company reported revenue from operations of Rs. 2,033.98 crore for Q1, marking an 8% increase compared to Rs. 1,883.49 crore in the corresponding quarter of the previous year. The net profit for the quarter stood at Rs. 59.36 crore, slightly lower than Rs. 66.27 crore in Q1 of the previous year.
Key financial metrics for Q1:
| Particulars (in Rs. crore) | Q1 Current | Q1 Previous | YoY Change |
|---|---|---|---|
| Revenue from Operations | 2,033.98 | 1,883.49 | 8.0% |
| Total Income | 2,048.11 | 1,890.02 | 8.4% |
| EBITDA | 172.58 | 165.95 | 4.0% |
| Net Profit | 59.36 | 66.27 | -10.4% |
| Basic EPS (in Rs.) | 0.49 | 0.64 | -23.4% |
Operational Performance
We Win Limited's performance in Q1 reflects its resilience in the competitive call center services sector. The company's focus on operational efficiency is evident from the marginal increase in EBITDA despite higher revenue growth.
Annual General Meeting and Corporate Actions
The Board of Directors has scheduled the 18th Annual General Meeting (AGM) for September 12, to be held at the company's registered office in Bhopal. Key corporate actions announced include:
- Appointment of M/s S Anjum & Associates as Secretarial Auditors for five consecutive years.
- Appointment of MUFG Intime India Private Limited as e-Voting Agency for the AGM.
- Mr. Abhishek Gupta, noted as eligible to retire by rotation at the upcoming AGM.
Management Commentary
Abhishek Gupta, Managing Director of We Win Limited, stated, "Our Q1 results demonstrate our ability to grow revenue in a challenging market environment. While we've seen a slight dip in profitability, we're focusing on operational efficiencies and expanding our service offerings to drive sustainable growth."
Future Outlook
We Win Limited continues to operate primarily in the call center services segment, with Surevin Weartech Private Limited as its associate company. The company's focus remains on leveraging its expertise in the Indian market while exploring opportunities for expansion and diversification.
Investors and stakeholders will be keenly watching the company's performance in the coming quarters, as We Win Limited navigates the evolving landscape of customer service and business process outsourcing.
The 18th AGM on September 12 will provide further insights into the company's strategies and outlook for the remainder of the year and beyond.
Historical Stock Returns for We Win
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.72% | +1.93% | -10.71% | +2.15% | -44.44% | +156.20% |
17
