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Wendt reports 14% fall in Q3 consolidated net profit

22 Jan 2014 Evaluate

Wendt (India) has reported results for third quarter ended December 31, 2013.

The company has reported 19.06% fall in its net profit at Rs 1.91 crore for the quarter as compared to Rs 2.36 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 3.92% at Rs 21.80 crore for quarter under review as compared to Rs 22.69 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 13.79% fall in its net profit at Rs 2.50 crore for the quarter ended December 31, 2013 as compared to Rs 2.90 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 0.62% at Rs 25.63 crore for quarter under review as compared to Rs 25.79 crore for the quarter ended December 31, 2012.

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