WALCHANDNAGAR INDUSTRIES LTD. Q3 FY25 Results
WALCHANNAGQ3 FY25 ResultsAnnounced 6 Feb 2025, 07:47 pm| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 59.07 | 12.9% |
| Total Income | 62.39 | 15.1% |
| Expenditure | 79.52 | 10.2% |
| PBT | -17.13 | 55.3% |
| Net Profit | -17.13 | 55.3% |
| OPM | -59.62% | 13.58pp |
| NPM | -27.46% | 12.44pp |
| EPS | -3.09 | 55.3% |
Walchandnagar Industries Announces Q3 Results for 2024: Union Budget Boosts Nuclear SMRs Research, Company Receives International Order, Repays Debt, and Announces Management Change
07 Feb 2025 · 7 Feb 2025, 07:14 pm
Summary
Walchandnagar Industries Limited (WIL) announced its results for the quarter ended 31st December, 2024. The Union Budget 2025-26 provides a major thrust to the research and development of nuclear Small Modular Reactors (SMRs), which should benefit WIL. The company received a purchase order from Fluorine Korea Co. Ltd. for the manufacture and supply of HF Reactor for FK Fischer Project. WIL repaid high-interest cost debt and bank debt in January 2025. Mr. Sandeep Jain, Chief Financial Officer, has decided to step down from his role due to health concerns.
Key Highlights
- 1
Union Budget 2025-26 provides thrust to nuclear Small Modular Reactors (SMRs) research and development
- 2
WIL receives purchase order from Fluorine Korea Co. Ltd. for HF Reactor for FK Fischer Project
- 3
Company repays high-interest cost debt and bank debt in January 2025
- 4
Mr. Sandeep Jain, Chief Financial Officer, steps down due to health concerns
Management Comments
Mr. Sandeep Jain
Mr. Sandeep Jain, Chief Financial Officer, has decided to step down from his role due to health concerns.
Nishant P. Saigal
Nishant P. Saigal, a CA with 25+ years of experience in Accounting, Statutory Compliance, Costing, Banking & Finance, will succeed Mr. Jain.
Informational and educational content only. Not investment advice.