Western India Plywoods' Q1 FY 2026-27 Quarterly Results

Result Summary

• Western India Plywoods Ltd reported a 6.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 7.2%.
• Its expenses for the quarter were down by 8.3% QoQ and 4.8% YoY.
• The net profit decreased 67.0% QoQ and decreased 188.2% YoY.
• The earnings per share (EPS) of Western India Plywoods Ltd declined at 0.29 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Western India Plywoods Ltd is a company known for its involvement in the manufacturing sector, particularly in the production of plywood and related wood products. The company operates in the timber and wood processing industry, which includes a range of products such as plywood, veneer, and other wood-based panels. These products are primarily used in construction, furniture, and interior design. As of October 2023, there are no major developments or newsworthy events available for Western India Plywoods Ltd that can be reported based on the provided data. The company continues to focus on its core operations in the plywood manufacturing sector.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Western India Plywoods Ltd reported a total income of ₹27.01 crores. This represents a decrease of 6.6% compared to the previous quarter, Q4FY26, where the total income was ₹28.91 crores. Additionally, when compared to the same quarter in the previous fiscal year (Q1FY26), where the total income was ₹29.11 crores, there is a year-over-year decline of 7.2%. This decline in total income indicates a reduction in revenue generation for the company over both the quarterly and yearly timeframes.

Profitability

The company's profitability metrics for Q1FY27 indicate a challenging period. The profit before tax (PBT) was recorded at a negative ₹0.20 crores, which, while still a loss, shows an improvement from the negative ₹0.77 crores reported in Q4FY26. This reflects a quarter-over-quarter improvement of 74.0%. However, comparing the PBT to Q1FY26, where the company had a positive PBT of ₹0.53 crores, there is a year-over-year decline of 137.7%. The tax expenses for Q1FY27 were ₹0.10 crores, a decrease of 28.6% from the previous quarter. The profit after tax (PAT) for Q1FY27 was negative ₹0.30 crores, compared to negative ₹0.91 crores in Q4FY26, showing a 67.0% improvement quarter-over-quarter. However, this represents a decline of 188.2% compared to the positive ₹0.34 crores in Q1FY26.

Operating Metrics

The operating expenses for Western India Plywoods Ltd in Q1FY27 were ₹27.21 crores, showing a reduction of 8.3% from the previous quarter's expenses of ₹29.68 crores. When compared to Q1FY26, where expenses were ₹28.58 crores, there is a year-over-year decrease of 4.8%. This reduction in expenses is notable but was not sufficient to offset the decline in revenue, as seen in the profitability metrics. The earnings per share (EPS) in Q1FY27 was negative ₹0.29, which is an improvement from the negative ₹0.82 reported in Q4FY26, marking a 64.6% quarter-over-quarter improvement. However, the EPS declined by 172.5% compared to the positive ₹0.40 in Q1FY26. These metrics provide insight into the company's operational efficiency and cost management during the period.