Western India Plywoods reported a consolidated net loss of ₹0.91 crore in the quarter ended March 2026, marking a significant reversal from the net profit of ₹0.77 crore recorded in the corresponding quarter of the previous year. According to reports from Business Standard, the company's sales declined 1.93% to ₹28.50 crore in Q4 FY26 compared to ₹29.06 crore in Q4 FY25. The operational profit margin turned negative at -1.37% in the current quarter, a sharp decline from the 6.78% recorded in the same quarter last year.
For the full financial year ended March 2026, Western India Plywoods reported a net profit of ₹0.45 crore, representing a substantial 83.93% decline from the ₹2.80 crore profit recorded in FY25. As reported by Business Standard, annual sales showed resilience with a 2.47% increase to ₹118.88 crore compared to ₹116.02 crore in the previous year. The company's profit before tax (PBT) for FY26 stood at ₹1.46 crore, down 65% from ₹4.15 crore in FY25, while profit before depreciation and tax (PBDT) was ₹3.50 crore, significantly lower than ₹6.03 crore in the previous year.
The company's operational performance showed mixed signals across different periods. According to the financial data reported by Business Standard, the operational profit margin (OPM) for Q4 FY26 was -1.37%, indicating operational losses during the quarter. However, for the full year FY26, the OPM was -2.99%, while it had been 5.65% in FY25. The company's profit after tax (PAT) for FY26 was ₹0.45 crore, down from ₹2.80 crore in the previous year, reflecting the challenging operating environment faced by the plywood manufacturer.
