The Board of Directors at its meeting held today i.e. 12/02/2026, inter alia has considered and approved the Un-Audited Standalone and Consolidated Financial Results of the Company for ....
IWP · price
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Awaiting price reaction for this filing.
The Indian Wood Products Company Ltd (BSE: 540954) reported its Q3 FY26 results on February 12, 2026. Standalone Gross Sales for Q3 stood at Rs. 5,332.06 lakhs vs Rs. 5,499.90 lakhs in Q3 FY25, while nine-month sales declined to Rs. 16,003.32 lakhs from Rs. 17,136.15 lakhs (~6.6% YoY decline). Standalone net profit for Q3 jumped to Rs. 121.79 lakhs (~45% YoY growth) from Rs. 83.93 lakhs, though nine-month PAT was nearly flat at Rs. 295.65 lakhs (vs Rs. 301.68 lakhs). Consolidated Q3 PAT fell to Rs. 100.36 lakhs (vs Rs. 122.79 lakhs) as the joint venture (Agro & Spice Trading Pte Ltd, Singapore) swung to a Rs. 21.43 lakh loss in Q3. The auditor (S K Agrawal and Co LLP) issued a clean (unmodified) limited review report. A Rs. 25.10 lakh provision was made due to India's new Labour Codes impacting gratuity calculations.
Mixed signals for shareholders — strong Q3 standalone profit growth driven by lower raw material costs and better margins, but worrying revenue decline and a JV loss dragged down consolidated earnings. Investors should watch the joint venture performance closely as it now represents a meaningful swing factor.