Enclosed herewith Revised submission of Unaudited Financial results of Wardwizard Innovations & Mobility Limited.
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Awaiting price reaction for this filing.
Wardwizard Innovations & Mobility has refiled its Q3 FY26 results after omitting the Managing Director's DIN in the earlier submission; financials themselves are unchanged. Q3 FY26 revenue from operations jumped to ₹62.72 crore, up about 88% from ₹33.43 crore in Q3 FY25. However, 9-month revenue fell to ₹128.42 crore versus ₹195.87 crore a year ago, a ~34% decline. Profit after tax for 9M FY26 stood at ₹1.29 crore (consolidated) and ₹1.33 crore (standalone), recovering from a small loss of ₹0.09 crore and ₹0.30 crore respectively in 9M FY25. The auditor issued an unqualified review report. The filing also notes a customs show-cause notice demanding about ₹12.36 crore in differential duty (treated as a contingent liability the company plans to contest) and an unresolved income-tax search from February 2024.
Strong Q3 revenue growth and a return to profit on a 9-month basis are positives, but the sharp 9-month revenue slump and an ongoing customs demand plus tax-search overhang keep risk elevated for shareholders.