Companies

Wendt (India)’s PAT up 10% in FY19

Our Bureau Chennai | Updated on April 25, 2019 Published on April 25, 2019

Murugappa Group company Wendt (India) has reported a 10-per cent increase in its profit after tax at ₹13.47 crore for 2018-19 when compared with the same period of the previous financial year.

The company registered sales of ₹139.86 crore — up 10 per cent over the previous fiscal. Domestic sales accounted for ₹97.23 crore.

On a consolidated basis, the company’s profit after tax stood at ₹15.41 crore, an increase of 17 per cent over the previous year.

Sales grew 12 per cent at ₹161.78 crore.

The board recommended a final dividend of ₹15 per share (150 per cent on face value of equity shares of ₹10 each). The total dividend for the year is ₹30 per share.

Published on April 25, 2019
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