Plaza Wires Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
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Plaza Wires' board approved unaudited Q3 FY26 and 9M FY26 results on Feb 13, 2026. Revenue from operations for Q3 FY26 was ~₹2,197.75 lakhs (₹22.0 crore), a strong jump from ~₹1,180.85 lakhs in Q3 FY25 — roughly 86% YoY growth. Cumulative 9M FY26 revenue stood at ~₹7,021.22 lakhs (₹70.2 crore). Profit before tax for Q3 FY26 was ~₹182 lakhs, significantly higher than ~₹18.88 lakhs in Q3 FY25, with Q3 EPS at ₹0.78 vs ₹0.42 a year ago. Statutory auditor Shailendra Goel & Associates gave an unqualified limited review but flagged an emphasis of matter on a GST demand of ₹115.1 million (₹11.51 crore) which the company is contesting in appeal. New Labour Codes effective Nov 21, 2025 led to a small additional gratuity provision of ₹2.44 lakhs. No exceptional items were reported.
Sharp Q3 revenue and profit growth is a clear positive for shareholders, but the ₹115.1 million GST demand is a material risk (about 16% of 9M revenue) that the auditor has specifically drawn attention to — investors should track the appeal outcome closely.