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Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

2025-07-22

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).

During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.

According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the transformative momentum of FY25. He attributed the growth to the company’s integrated operations, product innovation, and customer-centric approach.

The company is witnessing robust demand, driven by India's infrastructure growth and a surge in manufacturing activity. Bansal Wire is strategically positioned to capitalise on these industry tailwinds.

The Dadri expansion project is progressing on schedule, with additional capacity expected soon. The company is also scaling its specialty wire portfolio, including hose wire, bead wire, and steel cord, to tap into high-value segments aligned with India's import substitution goals.

Further, Bansal Wire is advancing its long-term vision with a backward-integrated facility in Sanand, Gujarat. This plant will enhance raw material security, cost efficiency, and sustainability by incorporating solar power, rainwater harvesting, and acid-free systems.