Bansal Wire Q1 FY27: Revenue up 24% YoY, PAT down 48% YoY
BANSALWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bansal Wire Industries reported Q1 FY27 results with revenue at Rs 11,678.9 Mn, up 24.4% YoY, but PAT fell 47.9% to Rs 204.6 Mn. EBITDA dropped 23.8% to Rs 567.1 Mn with margins contracting to 4.9%. The company cited geopolitical tensions in West Asia, higher input costs and gas supply disruptions for the profit decline. Volumes recovered to 1,11,962 MT in latter half of the quarter. The firm secured its first trial order for Steel Tyre Cord from a leading Indian tyre maker and expanded its B2C range into farming, fencing and poultry segments.
Mixed quarter - strong topline growth but sharp profit drop on costs and disruptions. Steel Tyre Cord order is a positive long-term signal.