Bansal Wire Q1 FY27: revenue up 25%, profit halves, new auditors appointed
BANSALWIRE · price
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Bansal Wire posted Q1 FY27 standalone revenue of Rs 11,347 million, up about 25% YoY from Rs 9,080 million. However, profit after tax fell sharply to Rs 165 million from Rs 303 million a year ago, pointing to margin compression. Consolidated revenue grew to Rs 11,679 million with PAT at Rs 205 million versus Rs 393 million. Exceptional items of Rs 13.81 million impacted standalone results. The Board also approved S N Garg and Co as internal auditor and Ashish and Associates as cost auditor for FY 2026-27. Auditor gave an unmodified opinion on the results.
Strong topline growth but profit nearly halved, signalling margin pressure. New auditor appointments are routine annual exercise.