W.S. Industries (India) Limited

W.S. Industries concluded fiscal year 2026 with a net profit of ₹2.21 crore on revenue of ₹93.52 crore, underpinned by significant fundraising through preferential issuances totaling over ₹174 crore primarily for real estate acquisition, working capital, and corporate purposes. The company’s Audit Committee addressed a trading incident involving Renaatus Procon, a promoter group entity, finding a disclosure gap but no violation of insider trading regulations, and implementing corrective actions including updated classification records and strengthened internal controls. The board approved the financial results and re-appointed internal and tax auditors, while also noting a write-back of old payables and uncertainties in construction contract budgeting.