Wendt India sales up by 10%

Chennai: Wendt (India) has announced the audited financial results for the year ended 31 March and stated that on a standalone basis, the Company achieved sales of Rs 139.86 crore during the year ended 31 March, which is 10 per cent higher than the year before.

Domestic sales for the firm have been at Rs 97.23 crore, up 10 per cent year-on-year (y-o-y). Export sales were at Rs 42.53 crore, higher by 10 per cent over the previous year.

In line with the higher topline, the profit after tax has been at Rs 13.47 crore, up 10 per cent.

On a consolidated basis, the company’s sales during the current year was at Rs 161.78 crore, 12 per cent higher than the previous year. The profit after tax for the current year has been at Rs 15.41 crore.