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MARKETS 59m ago

Bansal Wire Industries Q2 net profit jumps 38% to Rs 53 crore

Economic Times Stocks
Published 23 Oct 2026, 05:26 am IST
Bansal Wire Industries Q2 net profit jumps 38% to Rs 53 crore<br>Agencies

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.

Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com