Super abrasive maker Wendt India Q1 net surges to ₹5.34 cr.

The net profit of Wendt (India) Ltd., a maker of super abrasives, has surged to ₹5.34 crore in the first quarter ended June from ₹8 lakh in the year-earlier period on account of higher sales to almost all user industries.

Gross sales rose 94% to ₹37 crore. Exports volumes increased 51% to ₹9.70 crore on account of higher exports to U.S., Russia, Thailand, Singapore and Germany, it said in a regulatory filing.

The Q1 performance is not comparable with the year-earlier period during which performance was impacted by lockdowns, it added.

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Printable version | Sep 29, 2021 5:08:53 AM |

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