Outcome of the Board Meeting Held on 25th July, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bombay Wire Ropes Ltd's board, at its meeting on July 25, 2025, approved the standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at NIL for the quarter, with total income of just Rs 12.06 lakhs coming entirely from 'other income' (vs Rs 2.44 lakhs in Q1 FY25). The company reported a loss before tax of Rs 2.12 lakhs, narrower than the Rs 13.56 lakh loss in Q1 FY25. Full-year FY25 had ended with a much larger loss of Rs 130.66 lakhs after tax, and quarterly EPS was negative at (0.04). The auditor, Batliboi & Purohit, issued an unmodified (clean) limited review report.
Zero operating revenue and persistent quarterly losses point to continued operational stress; shareholders should watch for a revival of core wire rope business activity and improvement in the FY26 full-year numbers.