Bansal Wire Industries Limited held a Board of Directors meeting on July 22, 2026, which commenced at 12:30 PM IST and concluded at 01:05 PM IST. The Board transacted the following businesses:

1. Approval of Un-audited Financial Results

  • The Board approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The Board took on record the Limited Review Report of Prateek Gupta & Company, Chartered Accountants (Statutory Auditors) on the above UFRs.

2. Appointment of Cost Auditors

  • The Board approved the appointment of M/s Ashish & Associates, Cost Accountants (Firm Registration No.: 103521) as Cost Auditors of the Company to audit the cost records for the Financial Year 2026-27.
  • The information required under Regulation 30 of SEBI LODR Regulations, read with SEBI master circular No. HO/49/14/14(7)2025-CFD-POD2AV3762/2026 dated January 30, 2026, was submitted.

3. Appointment of Internal Auditors

  • The Board approved the appointment of M/s S N Garg & Co. (Firm Registration No.: 002207C), Chartered Accountants as Internal Auditors of the Company for the Financial Year 2026-27.
  • The information required under Regulation 30 of SEBI LODR Regulations, read with the same SEBI master circular, was submitted.

Financial Results Details

Standalone Financial Results (Amount in Rs. Million)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹11,347.49
  • Other Income: ₹10.68
  • Total Income: ₹11,358.17
  • Profit before tax: ₹207.56
  • Tax expense: ₹42.75 (Current tax: ₹29.32, Deferred tax: ₹13.45, Tax adjustments related to earlier years: -₹0.02)
  • Profit after tax: ₹164.81
  • Other Comprehensive Income: ₹3.28
  • Total Comprehensive Income: ₹168.09
  • Earnings per equity share (Basic & Diluted): ₹1.05

Comparative Figures:

  • Quarter Ended March 31, 2026: PAT ₹336.21 million, EPS ₹2.15
  • Quarter Ended June 30, 2025: PAT ₹302.79 million, EPS ₹1.93
  • Year Ended March 31, 2026 (Audited): PAT ₹1,297.46 million, EPS ₹8.29

Consolidated Financial Results (Amount in Rs. Million)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹11,678.91
  • Other Income: ₹3.49
  • Total Income: ₹11,682.40
  • Profit before tax: ₹260.37
  • Tax expense: ₹55.76 (Current tax: ₹44.28, Deferred tax: ₹11.50, Tax adjustments related to earlier years: -₹0.02)
  • Profit after tax: ₹204.61
  • Other Comprehensive Income: ₹0.37
  • Total Comprehensive Income: ₹204.98
  • Earnings per equity share (Basic & Diluted): ₹1.31
  • Net Profit attributable to owners of the Company: ₹204.61

Comparative Figures:

  • Quarter Ended March 31, 2026: PAT ₹400.70 million, EPS ₹2.56
  • Quarter Ended June 30, 2025: PAT ₹392.79 million, EPS ₹2.51
  • Year Ended March 31, 2026 (Audited): PAT ₹1,609.42 million, EPS ₹10.28

Subsidiary Information

The consolidated results include two wholly owned subsidiaries incorporated in India:

1. M/s. Bansal Steel & Power Limited (Unlisted)

2. M/s. BWI Steel Private Limited (Unlisted)

The subsidiaries contributed:

  • Total revenues: ₹3,911.24 million for the quarter ended June 30, 2026
  • Total net profit after tax: ₹48.55 million
  • Total comprehensive income: ₹45.65 million

The interim financial results of M/s. BWI Steel Private Limited were reviewed by Prateek Gupta & Company, while those of M/s. Bansal Steel and Power Limited were reviewed by another auditor.

Additional Information

  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company is engaged primarily in the business of manufacturing steel wire with no separate reportable segments
  • Figures for previous periods have been reclassified/regrouped wherever necessary to conform to current period presentation
  • Results are available on the company's website (www.bansalwire.com) and stock exchange websites

Auditor Appointments

Cost Auditors - M/s Ashish & Associates:

  • Firm Registration No.: 103521
  • Brief Profile: Delhi-based firm offering cost audit, certifications, costing systems setup, cost consultancy, and turnaround strategies across diverse industries.

Internal Auditors - M/s S N Garg & Co.:

  • Firm Registration No.: 002207C
  • Brief Profile: Ghaziabad-based firm providing services in audit and assurance, tax and regulatory, transaction advisory and consulting.