Western Carriers (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
WCIL · price
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Awaiting price reaction for this filing.
Western Carriers (India) Limited submitted its unaudited Q1 FY26 results (quarter ended June 30, 2025). Revenue from operations came in at Rs. 4,158.18 million, down about 1.6% from Rs. 4,227.09 million in Q1 FY25. Net profit dropped sharply to Rs. 107.84 million from Rs. 188.99 million, a decline of roughly 43% year-on-year, pushing EPS down to Rs. 1.06 from Rs. 2.40. EBITDA margin compressed materially as operational and other expenses rose while revenue softened. The company also updated IPO fund utilisation: of Rs. 3,629.38 million raised, about Rs. 2,183.11 million has been deployed (including full repayment of Rs. 1,635 million in borrowings), while Rs. 1,446.27 million remains parked in fixed deposits pending capex on vehicles and containers. The statutory auditor D C Dharewa & Co. issued a clean limited review report with no qualifications or concerns raised.
Sharp profit compression despite stable revenue points to margin pressure that may weigh on near-term investor sentiment. Slow deployment of IPO proceeds toward capex is worth monitoring, though the company retains financial flexibility with idle funds still earning interest.