WPIL Limited has announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, delivering exceptional financial performance with robust growth across key metrics. The company's consolidated operations demonstrated strong momentum with significant improvements in revenue, profitability, and operational efficiency measures.

Outstanding Financial Performance

The company achieved remarkable growth in consolidated revenue, reaching ₹5,387.18 crores compared to ₹3,816.02 crores in the corresponding quarter of the previous year. This represents substantial growth of 41.16% year-on-year, demonstrating WPIL Limited's ability to expand market presence and capture increased business volumes across its diversified portfolio.

Exceptional Profitability Growth

WPIL Limited delivered outstanding profitability performance during the quarter. Consolidated net profit surged to ₹755.63 crores from ₹370.54 crores in the corresponding quarter of the previous year, representing remarkable growth of 103.92%. This substantial increase reflects the company's enhanced operational capabilities and successful execution of strategic initiatives.

The company's EBITDA performance was equally impressive, rising to ₹1,371.17 crores compared to ₹676.75 crores in the previous year's quarter, marking exceptional growth of 102.59%. This demonstrates strong cash flow generation and improved operational leverage across business segments.

Segment-wise Performance

The company's diversified business portfolio showed strong performance across both major segments. The Pumps and Accessories segment generated revenue of ₹2,976.10 crores during the quarter, while the Project (Works Contract) segment contributed ₹2,411.08 crores to total consolidated revenue.

Corporate Developments

The company announced several key corporate developments during the quarter. Mr. B.P. Khare has been re-appointed as Whole-time Director designated as Executive Director (Operations) for three years from March 1, 2026, to February 28, 2029. Additionally, Mrs. Samarpita Bose has been re-appointed as Independent Director for a second consecutive term of five years from March 12, 2026, to March 11, 2031.

WPIL Limited has also shifted its registered office from Trinity Plaza to Godrej Genesis Building, Unit No. 1404, 14th Floor, Sector V, Salt Lake City, Bidhan Nagar, Kolkata 700091, West Bengal, with immediate effect.

Strong Business Fundamentals

The robust performance across multiple financial metrics demonstrates WPIL Limited's successful implementation of comprehensive strategies to enhance profitability and operational efficiency. The significant improvements in both revenue and profit figures indicate strong underlying business momentum and effective management execution across the group's diversified operations.

WPIL Limited has announced the successful completion of its postal ballot process, with all six proposed resolutions receiving overwhelming shareholder approval. The scrutinizer's report, filed on January 29, 2026, confirms that each resolution passed with requisite majority, reflecting strong shareholder confidence in the company's strategic initiatives.

Leadership Re-appointments Approved

Shareholders overwhelmingly endorsed the re-appointment of key executive positions through special resolutions. The voting results demonstrate exceptional support for the company's leadership continuity:

Both executives have been re-appointed for a three-year term from November 1, 2025, through October 31, 2028. The appointments include comprehensive remuneration packages as recommended by the Nomination and Remuneration Committee and approved by the Audit Committee and Board of Directors.

Capital Structure Restructuring

The company successfully implemented significant changes to its authorized share capital structure through multiple ordinary resolutions. The restructuring involved the cancellation of 14,000 11% unissued Redeemable Cumulative Preference shares of face value Rs. 100/- each, converting them into 14,00,000 unissued equity shares of face value Rs. 1/- each.

Enhanced Authorized Share Capital

Following the restructuring, the company's authorized share capital increased from Rs. 10,50,00,000/- to Rs. 12,00,00,000/- through the creation of additional 1,50,00,000 unissued equity shares of face value Rs. 1/- each. This expansion provides the company with enhanced financial flexibility for future growth initiatives.

The constitutional amendments to both the Memorandum and Articles of Association were approved to reflect the new capital structure. The revised Clause 5 of the Memorandum now states the authorized share capital as Rs. 12,00,00,000 divided into 12,00,00,000 equity shares of Rs. 1/- each.

Voting Process and Participation

The remote e-voting process was conducted through NSDL's platform, with the voting period commencing on December 30, 2025, at 09:00 a.m. and concluding on January 28, 2026, at 05:00 p.m. Shareholders holding shares as of the cut-off date of December 26, 2025, were eligible to participate in the voting process.

P.V. Subramanian, Company Secretary in Whole-time Practice (ACS-4585 & CP No. 2077), served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirms that all voting procedures were conducted in accordance with the Companies Act, 2013, and applicable regulations, with no invalid votes recorded across any resolution.