Bharat Wire Ropes Q2 FY26 results: Revenue up 8%, PAT at Rs 22.1 cr
BHARATWIRE · price
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On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.9 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bharat Wire Ropes posted Q2 FY26 revenue of Rs 164.59 cr, up 8.1% YoY from Rs 152.19 cr. H1 FY26 revenue rose 7.2% to Rs 306.24 cr. Q2 net profit grew 17.4% to Rs 22.14 cr vs Rs 18.86 cr. H1 PAT was Rs 37.74 cr vs Rs 36.91 cr. EPS for Q2 stood at Rs 3.23. Operating cash flow for H1 was Rs 55.79 cr. CNK and Associates reviewed the results. Note: Q1 FY26 figures were reviewed by the predecessor auditor, indicating an auditor change during the financial year.
Revenue and profits grew, but auditor changed mid-year. Q2 PAT growth of 17% is positive, though implications of the auditor switch need watching.