Saturday, November 8, 2025

Bansal Wire Q2: Revenue up 28%, net profit dips 4.3%

Date:

Shares of Bansal Wire Industries Ltd. fell over 4% on Tuesday, November 4, after the company reported its earnings results for the Q2 ended September 30.

The company reported a 28% year-on-year (YoY) growth in revenue to 1,055.4 crore for the quarter. Revenue for the same quarter last year stood at ₹825.4 crore.

It reported ₹38.3 crore in net profit, down 4.3% on a year-on-year basis and 2.3% on a sequential basis. Net profit for the same quarter last year stood at ₹40 crore while June quarter reported ₹39.2 crore.

Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 20.2% from last year to ₹76.7 crore, while EBITDA margin decreased by 40 basis points to 7.3% from 7.7% a year earlier.

In July, the company’s Managing Director and CEO Pranav Bansal said it is aiming to scale its market share to 10% in the near term, having lined up a ₹600 crore capex for FY26–27.

Bansal Wire is also ramping up capacity at its newly commissioned Dadri facility, which is expected to reach full utilisation within FY26. Its Sanand facility will start operations in FY27, with full utilisation expected in FY28.

Shares are trading at 309.40 on the NSE, down by 4.23% from the day’s opening. The stock has been down 10.36% for the past month.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Are You Applying To A Job That Doesn’t Even Exist? 1 In 4 Listings Could Be Fake In 2025 | Personal Finance News

नई दिल्ली: भारतीय नौकरी बाजार में एक बढ़ती और...

KPR Mill Q2 Results: Profit rises 6% on-year, margins ease slightly

KPR Mill Ltd, a diversified textile-to-sugar manufacturing company, reported...

Madras HC rules in favour of Allied Blenders in ‘Officer’s Choice’ trademark row

Allied Blenders and Distillers Ltd (ABD), the maker of...

BP profit beats in sign that turnaround is gathering pace

BP Plc’s profit exceeded expectations with operational improvements and...