Wardwizard Foods & Beverages Reports Significant Growth in Q4 Financial Results

Jan 29 2025 10:02 AM IST
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Wardwizard Foods & Beverages has announced its financial results for the quarter ending December 2024, revealing significant year-on-year growth in net sales, which reached Rs 52.92 crore. The company also reported improvements in operating profit, profit before tax, and profit after tax, indicating a positive trend in its financial performance.
Wardwizard Foods & Beverages has reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant shift in its evaluation, with its score moving to 15 from -1 over the past three months.

The half-yearly net sales reached Rs 52.92 crore, reflecting a substantial year-on-year growth of 443.88%. This figure surpasses the previous twelve-month sales of Rs 13.17 crore, indicating a strong sales trend. Additionally, the operating profit before depreciation, interest, and taxes (PBDIT) for the quarter was recorded at Rs -1.41 crore, marking the highest level in the last five quarters. Similarly, profit before tax (PBT) and profit after tax (PAT) also reached their highest points in this timeframe, at Rs -3.71 crore and Rs -3.72 crore, respectively. The earnings per share (EPS) improved to Rs -0.14, suggesting a positive trajectory in profitability for shareholders.

These results highlight the underlying trends and events influencing Wardwizard Foods & Beverages' financial landscape.

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