Bansal Wire Industries Q2 net profit jumps 38 pc to Rs 53 cr

New Delhi, Oct 22 (PTI) Bansal Wire Industries on Thursday posted a 38 per cent year-on-year rise in consolidated net profit to Rs 52.9 crore in the September quarter, driven by higher revenues.

Its profit after tax (PAT) was at Rs 38.3 crore in the second quarter of preceding 2025-26 financial year, the company said in a statement.

During July-September FY27, the company’s revenue increased by 23.9 per cent to Rs 1,308.1 crore from Rs 1,055.4 crore in the year ago period.

Pranav Bansal, MD & CEO, Bansal Wire Industries said, “We sold 1.29 LT in the quarter, up 12.4 per cent year-on-year and 15.1 per cent over Q1FY27. EBITDA rose to Rs 105.03 crore and EBITDA per tonne to Rs 8,150.4 both the highest in our history.”

Bansal Wire Industries is a stainless

steel wire manufacturing company and the second largest steel wire manufacturing company by volume. PTI ABI MR

MR