Results - Announcements
Bansal Wire Industries Ltd share price declined 5.87% to Rs 56.95. The Company's net profit saw a strong growth of 158.55% to Rs 52.9 crore, while revenue from operations increased 12.01% to Rs 1308.14 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.22 lakh crore, declining 0.95%. It has softened by 6.16% over last one week and heading higher by 12.60% in last one month while the market capitalization of Bansal Wire Industries Ltd has eased by 7.85% and 11.86% in the same period respectively.
Profit before tax (PBT) of Bansal Wire Industries Ltd stood at Rs 71.81 crore in Q3 FY26, jumping 40.86% year-on-year, and surging by 175.77% quarter-on-quarter. EBITDA came in at Rs 104 crore, expanding by 44.77% YoY and rallying 86.02% sequentially.
Total expenses inched up 8.19% to Rs 1219.02 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1027.78 crore, going up by 11.61% YoY, while employee benefits expense was at Rs 54.09 crore, witnessing a strong rise of 15.21% YoY.
For the TTM ended FY26, revenue from operations advanced 18.61% to Rs 4159.79 crore, while net profit grew slightly 9.95% to Rs 160.94 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 28316% to Rs 296.8 crore, and PBT saw a marginal contraction of 1.59% to Rs 206.91 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 333.08 crore in FY26, as against Rs 153.3 crore in FY25.
Bansal Wire Industries Ltd nosedived by 11.14% in last one year, outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.