BSE (522029) and NSE (WINDMACHIN) listed WINDSOR MACHINES LTD.engaged into manufacture of Injection Moulding Machines, Pipe Extrusion Lines, and blown film lines has reported excellent financial results for the period ended March 31, 2021.
For over 50 years, Windsor Machines has been leading the plastics processing industry with Innovation, state-of–the-art technology and excellence.
Financial Results (Q4 FY20-21) – QoQ Comparison
The company has reported total income of Rs.122.74 crores during the period ended March 31, 2021 as compared to Rs.91.38 crores during the period ended December 31, 2020.
The net profit has jumped to Rs.13.03 crores for the period ended March 31, 2021 as against Rs.5.97crores for the period ended December 31, 2020,Earnings per share more than doubled to Rs.2.01 for the period ended March 31, 2021 as against Rs.0.92 for corresponding period in previous year, The company total income doubled to Rs.122.74 crores for period ended March 31, 2021 as against Rs.61.82 crores during the corresponding period in previous year, The company has witnessed a total turnaround with achieving netprofit of Rs.13.03 crores for the period ended March 31, 2021 as against loss of Rs.24.85 crores for the period ended March 31, 2020, EPS has increased substantially to Rs.2.01 for the period ended March 31, 2021 as compared to Rs. (3.83) for the period ended March 31, 2020.
Financial Results (Year ended FY 20-21) – YoY Comparison
According to data availabe on BSE, KiddyPlast Ltd. a company belonging to DilipPiramal has a stake of 3 percent in Windsor Machines Ltd, Windsor Machines Ltd has recommended Final Dividend of Rs 1 per equity share of FV of Rs 2 each for the financial year ended 31 March 2021, subject to approval of shareholders.