Bansal Wire Industries reported a strong Q2 FY2027 with revenue of Rs 1,308.14 crore and a net profit of Rs 52.90 crore. The performance marks a significant year-on-year growth, supported by robust demand in its steel wire manufacturing business.
Bansal Wire Industries Q2 Profit Hits Rs 52.90 Crore
Revenue stands at Rs 1,308.14 crore; Net Profit reaches Rs 52.90 crore.
Reader Takeaway: Strong operational revenue growth is driving profitability, though shareholders should track steel price volatility and production costs.
What just happened
Bansal Wire Industries Limited has released its unaudited consolidated financial results for the quarter ended September 30, 2026. The company posted a consolidated revenue from operations of Rs 1,308.14 crore compared to Rs 1,055.40 crore in the same quarter last year. Consolidated Profit After Tax (PAT) grew to Rs 52.90 crore, up from Rs 38.32 crore in Q2 FY2026.
Why this matters
The results highlight a steady growth trajectory for the manufacturer. Year-on-year revenue grew by approximately 24%, indicating increased volume or better realizations in the steel wire segment. The quarter-on-quarter recovery—moving from a profit of Rs 20.46 crore in the previous quarter—demonstrates improved operational efficiency.
Corporate Action Update
The company confirmed the impact of its stock split, which moved the face value from Rs 5 to Rs 1 per share. The record date for this split was October 16, 2026. The earnings per share (EPS) figures provided in this filing have been restated to ensure investors can accurately compare performance across different periods.
Context metrics
- Revenue Q2 FY2027: Rs 1,308.14 crore
- Revenue Q2 FY2026: Rs 1,055.40 crore
- EPS (Basic & Diluted): 0.68
What to track next
Investors should monitor the company's ability to maintain these margins amidst raw material price fluctuations. As a single-segment player in steel wire production, the company is highly dependent on demand from infrastructure and industrial sectors.