Western India Plywoods Q2 FY26 results: revenue up, profit down
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 8.8 pts less than Nifty Microcap 250 and 8.0 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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Western India Plywoods filed unaudited Q2 and H1 FY26 results on Nov 13, 2025. Standalone revenue from operations rose to Rs 5,823 lakhs in H1 FY26 from Rs 5,535 lakhs in H1 FY25, about 5% growth. Q2 standalone revenue was Rs 1,941 lakhs vs Rs 3,056 lakhs a year ago. Net profit fell to Rs 106 lakhs in H1 from Rs 138 lakhs, a 23% decline, with Q2 profit dropping to Rs 55 lakhs from Rs 113 lakhs. Auditor M/s Sankar and Moorthy gave an unmodified opinion. Cash from operations improved to Rs 431 lakhs.
Mixed results: top line grew modestly but bottom line fell sharply. Watch margin and cost trends going ahead.