Bansal Wire Industries Q2 net profit jumps 38% to Rs 53 crore
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Bansal Wire Industries reported a remarkable consolidated net profit of Rs 52.9 crore for the quarter ending in September, marking a substantial 38 percent growth compared to the previous year. The company's revenue surged by 23.9 percent, amounting to Rs 1,308.1 crore for the same period. Sales volume also experienced a 12.4 percent increase, reaching 1.29 LT, while both EBITDA and EBITDA per tonne achieved record highs this quarter.
Bansal Wire Industries on Thursday posted a 38 per cent year-on-year rise in consolidated net profit to Rs 52.9 crore in the September quarter, driven by higher revenues.Its profit after tax (PAT) was at Rs 38.3 crore in the second quarter of preceding 2025-26 financial year, the company said in a statement.
During July-September FY27, the company's revenue increased by 23.9 per cent to Rs 1,308.1 crore from Rs 1,055.4 crore in the year ago period.
Pranav Bansal, MD & CEO, Bansal Wire Industries said, "We sold 1.29 LT in the quarter, up 12.4 per cent year-on-year and 15.1 per cent over Q1FY27. EBITDA rose to Rs 105.03 crore and EBITDA per tonne to Rs 8,150.4 both the highest in our history."
Bansal Wire Industries is a stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume.
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Figures reflect the source report and its stated period. This article is for information and is not investment advice.
