Abrasives manufacturer Wendt India Ltd on Friday recorded consolidate profit after tax at Rs 2.20 crore for the October-December quarter.
Wendt India Ltd is a joint venture between Murugappa Group firm Carborundum Universal and Wendt GmbH.
In a filing to stock exchanges, Wendt India said the profit after tax for the October-December 2019 quarter was at Rs 2.20 crore against Rs 5.44 crore registered in the year ago period.
For the nine month period ending December 31, 2019, net profit after tax was at Rs 10.80 crore as against Rs 15.41 crore.
Total income for the quarter under review slipped to Rs 34.99 crore from Rs 44.26 crore.
For the nine month period ending December 31, 2019, total income was at Rs 120.94 crore as against Rs 129.36 crore.
Shares of the company ended at Rs 2,870 apiece upby 1.81 per cent over previous close in BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app