WPIL gains after Q1 PAT jumps 51% YoY to Rs 34 crore
Mumbai, July 24 -- Revenue from operations jumped 32.22% year on year (YoY) to Rs 500.54 crore in Q1 FY27.
Profit before tax surged 96.19% to Rs 79.30 crore in Q1 FY27 as compared with Rs 40.42 crore in Q1 FY26.
Total expenses rose 26.92% YoY to Rs 444.39 crore in Q1 FY27 from Rs 350.14 crore in Q1 FY26. Cost of materials and components consumed stood at Rs 131.73 crore (up 10.35% YoY), and employee benefits expense stood at Rs 78.60 crore (up 24.17% YoY), while finance costs declined 25.39% YoY to Rs 8.52 crore during the quarter under review.
WPIL is principally engaged in the design, development, manufacturing, erection, commissioning, and servicing of pumps and pumping systems.
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