Wardwizard Foods turns to Q1 FY27 profit; PAT ₹1.31 Cr vs year-ago loss, OPM up to 16%

Wardwizard Foods and Beverages reported standalone Q1 FY27 (quarter ended 30 June 2026) revenue of ₹17.03 Cr, up 29.0% year-on-year from ₹13.20 Cr in Q1 FY26, and swung to a net profit of ₹1.31 Cr against a net loss of ₹1.70 Cr a year earlier — the headline this quarter is the return to profitability, not the revenue growth itself. Basic EPS moved to ₹0.05 from ₹(0.07). Operating margin (EBITDA/revenue) expanded sharply to roughly 16.3% from about 1.6% a year ago, and net margin turned positive at 7.7% versus -12.8% — both on a like-for-like basis since neither quarter carried exceptional items. The swing was driven mainly by a change in revenue mix rather than cost cuts: the Food Commodities trading segment contributed roughly 82% of total revenue (₹13.90 Cr, up about 47% YoY), while the company's own branded RTE/Frozen/Sauces & Mayo line — the segment the company is nominally built around — shrank about 80% YoY to just ₹0.14 Cr and continues to run a segment loss. Reported PAT (₹1.31 Cr) came in above PBT (₹1.14 Cr) because of a ₹0.17 Cr deferred-tax credit, with no current-tax charge for the quarter. Sequentially, revenue and PAT are down roughly 58% and 56% from the March 2026 quarter (₹40.45 Cr revenue, ₹2.99 Cr PAT); for a company mixing packaged/RTE food with food-commodities trading this reads as a seasonal Q4-vs-Q1 step-down rather than deterioration, and the YoY comparison remains the primary read. This quarter's limited review was conducted by newly appointed auditor Arun Ratnawat & Associates — appointed just days before results, on 10-12 August 2026 — which issued an unqualified conclusion; by contrast, the year-ago Q1 FY26 comparative figures in this same statement were reviewed by the predecessor auditor, whose report had expressed a qualified conclusion, which is worth keeping in mind when reading the base. Management's notes also flag a ₹7.60 Cr advance on the books that it judges does not require provisioning or an expected-credit-loss charge — a balance-sheet item worth tracking, since it equals nearly half a quarter's revenue. There is no formal management guidance on record for this company and no analyst/street coverage identified for a stock of this size, so both the guidance and street comparisons are marked unknown rather than a beat or miss call. No separate management press release was available beyond the board-meeting outcome letter and the results themselves.