D P Wires Limited has informed the Exchange regarding Board meeting held on August 14, 2025.
DPWIRES · price
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Awaiting price reaction for this filing.
D P Wires Limited's board, meeting on August 14, 2025, approved standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income fell sharply to Rs 12,834 lakhs from Rs 18,411 lakhs in the same quarter last year, a drop of about 30%. Revenue from operations declined to Rs 12,593 lakhs from Rs 18,326 lakhs, driven mainly by a steep fall in the trading segment (Rs 2,256 lakhs vs Rs 6,795 lakhs). Profit before tax nearly halved to Rs 488 lakhs (vs Rs 957 lakhs), and net profit came in at Rs 360 lakhs (vs Rs 719 lakhs), translating to an EPS of Rs 2.32 (vs Rs 4.64). The core Wire Division also saw segment profit slip to Rs 1,523 lakhs from Rs 2,240 lakhs. The auditor's limited review report raised no qualifications.
Weak set of numbers for shareholders — both top line and bottom line roughly halved versus last year, with the trading segment dragging overall performance. The earnings decline could put short-term pressure on the stock, though the core Wire business remains the main contributor to profits.