The Western India Plywoods Limited has informed the Exchange regarding 'FINANCIAL RESULTS '.
WIPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 2.0 pts less than its Plywood Boards/ Laminates peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Western India Plywoods Limited reported its Q3 FY26 and nine-month FY26 results, reviewed (unmodified opinion) by auditor Sankar & Moorthy. Standalone revenue from operations for Q3 was around ₹3,108 lakhs versus ₹3,065 lakhs in Q3 FY25, with net profit of ₹108 lakhs versus ₹95 lakhs. For the nine-month period, standalone revenue rose about 3.8% to ₹8,931 lakhs, but profit after tax slipped to ₹214 lakhs from ₹233 lakhs. On a consolidated basis, nine-month revenue grew roughly 3.9% to ₹9,038 lakhs, but net profit (after minority interest) fell sharply to ₹139 lakhs versus ₹202 lakhs in the prior year, pulled down by losses at subsidiaries (combined loss of about ₹80 lakhs for 9M FY26). The board noted the impact of the new Labour Codes effective November 21, 2025, on employee benefit expenses.
Mixed quarter for shareholders: topline is steady but bottomline is weakening, especially at the consolidated level where subsidiary losses are dragging overall profitability. Watch for margin trends and subsidiary turnaround in coming quarters.