Bansal Wire Industries Limited has informed the Exchange regarding Appointment of Cost Auditors of the company w.e.f. July 21, 2025 for the financial year 2025-26.
BANSALWIRE · price
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Bansal Wire Industries' board, at its July 21, 2025 meeting, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs. 9,079.60 million from Rs. 6,766.08 million YoY (~34% growth), with profit after tax at Rs. 302.79 million vs Rs. 259.55 million. Consolidated revenue grew to Rs. 9,390.07 million with PAT of Rs. 392.79 million. The board also appointed M/s Ranjit Tripathi & Associates as Secretarial Auditors for five years (FY26–FY30), M/s Ashish & Associates as Cost Auditors for FY26, and M/s S N Garg & Co as Internal Auditors for FY26. Additionally, the IPO Committee, formed in August 2023, was dissolved as its purpose was fulfilled post the company's July 2024 listing.
Strong YoY revenue and profit growth signals healthy operational momentum. Routine auditor appointments and dissolution of the now-redundant IPO committee are administrative housekeeping, with no material impact on shareholders or stock price.