Unaudited Financial Results (Standalone) of the Company for the First Quarter and three months ended 30th June,2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wardwizard Foods reported Q1 FY26 standalone revenue from operations of Rs 1,319.79 lakhs, down sharply from Rs 3,914.08 lakhs in the preceding quarter (about a 66% sequential decline), though much higher than the Rs 72.27 lakhs it earned in Q1 FY25. The company slipped back into a loss of Rs 169.51 lakhs for the quarter, versus a profit of Rs 67.74 lakhs in Q4 FY25, with total expenses of Rs 1,505.31 lakhs exceeding total income of Rs 1,335.39 lakhs. EPS stood at Rs (0.07) versus Rs 0.03 in the previous quarter. For the full FY25, the company had reported a loss of Rs 1,368.64 lakhs on revenue of Rs 9,277.90 lakhs. The statutory auditor issued a qualified review report, flagging Rs 760 lakhs in outstanding advances and certain trade receivables for which no provision or expected credit loss has been made, against the auditor's view that provisioning is required.
The swing back to a quarterly loss, the sharp quarter-on-quarter revenue drop, and the auditor's qualified review conclusion on unrecovered advances raise concerns about earnings quality and recoverability of receivables, which are negative signals for shareholders in the near term.