Wendt (India) Doubles Consolidated Net Profit in Q2 FY27
Chennai-based Wendt (India) doubled its consolidated net profit to 6 crore rupees for the quarter ended September 30, 2026, while revenue rose 28%.
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what happened
Wendt (India) Ltd, part of the Murugappa Group based in Chennai, nearly doubled its consolidated net profit to 6 crore rupees for the quarter ended September 30, 2026, compared with 3 crore a year earlier. According to Moody's, which cites a company statement, revenue climbed 28% to 72 crore rupees.
The company attributed the gain mainly to higher volumes and cost-cutting measures aimed at lowering manufacturing expenses, which helped offset rising input costs. On a standalone basis, net profit was also 6 crore rupees on revenue of 59 crore rupees.
Domestic revenue reached 48 crore rupees, up 22% year on year. Exports came in at 11 crore rupees, 6% above the prior-year level, with sales growing in Europe, Southeast Asia and Eastern Europe.
why it matters
For broader markets, this is a report from a small company in a niche segment, so its effect on indices is limited. Investors typically watch margin trends amid expensive raw materials, and the company said it managed to protect profitability this quarter through manufacturing savings.
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- Wendt’s consolidated net profit doubles in Q2 FY27 — Moody's, 21 October 2026 at 16:31 UTC
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