Chennai: Wendt (India) has announced the financial results for the quarter and nine months period ended 31 December 2018.
On a standalone basis, the company achieved sales of Rs 36.43 crore, 17 per cent higher than the corresponding period of last year.
The domestic sales have been at Rs 24.63 crore, 18 per cent higher than the corresponding period of last year. The major industry segments which attributed to the growth of the domestic business were auto ancillaries, steel, bearings, ceramics, cutting tools etc.
The export was 15 per cent higher Rs 11.80 crore. The profit after tax (PAT) grew by 51 per cent at Rs 4.10 crore.