The company infused Euro 1.1 million in Germany-based subsidiary by way of subscription of the ordinary shares. Earlier on 8 July 2025, the company had incorporated Wendt GmbH with an initial equity capital subscription of Euro 0.55 million.
Wendt India is engaged in manufacturing, selling and servicing of super abrasives, high precision grinding, honing, special purpose machines and high precision components.
The company’s consolidated net profit declined 74.7% to Rs 2.70 crore despite of 2% increase in net sales to Rs 56.17 crore in Q2 FY26 over Q2 FY25.
The counter rose 0.21% to settle at Rs 8,049.80 on the BSE.
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