The Western India Plywoods Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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The Western India Plywoods Limited reported its audited FY25 results with revenue from operations rising modestly to Rs. 11,460 lakhs (standalone) from Rs. 10,769 lakhs in FY24, a growth of about 6.4%. However, net profit declined to Rs. 329 lakhs from Rs. 382 lakhs, with EPS falling to Rs. 3.88 from Rs. 4.50. On a consolidated basis (including four subsidiaries), revenue was Rs. 11,602 lakhs and net profit was Rs. 280 lakhs, also down year-on-year. The board has recommended a final dividend of Rs. 1.20 per equity share (face value Rs. 10), subject to shareholder approval at the AGM. The statutory auditor, M/s Sankar & Moorthy, issued an unmodified (clean) opinion on both standalone and consolidated results.
Mixed outcome for shareholders — steady top-line growth was offset by a decline in profits, suggesting margin pressure from higher input or operating costs. The declared dividend of Rs. 1.20 per share offers a modest yield, and the clean audit report provides comfort on financial reporting quality.