Outcome of the Board Meeting for approval of unaudited Financial results for the Quarter ended 31st December 2025
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Bombay Wire Ropes' Board of Directors approved the unaudited standalone financial results for the quarter and nine months ended 31 December 2025 on January 30, 2026. Total income for Q3 FY26 stood at Rs 17.21 lakhs versus Rs 2.34 lakhs in Q3 FY25, with the entire amount shown as 'Other Income' and 'Revenue from Operations' reported as nil. For the nine months, total income rose to Rs 41.40 lakhs from Rs 9.81 lakhs a year earlier, a sharp rise driven entirely by non-operating income. The company swung to a profit of Rs 1.55 lakhs in Q3 FY26 from a loss of Rs 13.26 lakhs in Q3 FY25, while the nine-month loss narrowed sharply to Rs 1.86 lakhs from Rs 38.32 lakhs. Earnings per share for Q3 turned positive at Rs 0.03 versus a negative Rs 0.25 earlier, and for 9M stood at negative Rs 0.03 versus negative Rs 0.72. Statutory auditor Batliboi & Purohit issued an unmodified (clean) limited review report.
The return to quarterly profitability and the steep narrowing of nine-month losses are encouraging, but the absence of any operating revenue from the wire ropes business is a major red flag for sustainability. Investors should watch closely to see whether the 'other income' continues and whether the core business resumes operations, as this is the key driver of long-term value.