Home / Business and Economy / Wardwizard Foods Swings to Profitability
Wardwizard Foods Swings to Profitability
14 Aug
Summary
- Net profit turned to Rs 1.31 crore in June 2026 quarter.
- Sales increased by 29.02% to Rs 17.03 crore.
- Previous year's June quarter reported a net loss of Rs 1.70 crore.
Wardwizard Foods & Beverages has reported a notable financial recovery for the quarter ending June 2026. The company announced a net profit of Rs 1.31 crore, a significant improvement from the net loss of Rs 1.70 crore recorded in the same period last year.
This turnaround is accompanied by strong sales growth. Revenue for the quarter rose by 29.02% to Rs 17.03 crore, up from Rs 13.20 crore in the quarter ended June 2025. The company's operational performance metrics also showed positive movement, indicating a healthier financial standing.
The positive results reflect a successful quarter for Wardwizard Foods & Beverages, showcasing a reversal of previous losses and a robust increase in market performance. This trajectory suggests a promising outlook for the company.
