Bombay Wire Ropes Limited's Board of Directors meeting was held on July 24, 2026, commencing at 4:00 PM and concluding at 4:30 PM. The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Highlights (Quarter Ended June 30, 2026)

  • Revenue from operations: Not specified/zero (represented by ÷ symbol)
  • Other Income: ₹444.23 lakh, consisting of:
  • Profit on Sale of Office Premises: ₹432.20 lakh
  • Other Income: ₹12.03 lakh
  • Total Expenses: ₹22.74 lakh, comprising:
  • Employee benefits expenses: ₹9.06 lakh
  • Depreciation & amortisation expenses: ₹0.39 lakh
  • Other Expenses: ₹13.29 lakh
  • Profit before tax: ₹421.49 lakh
  • Tax Expense: ₹126.31 lakh (current tax)
  • Profit for the period: ₹295.18 lakh
  • Earnings Per Share (not annualized):
  • Basic: ₹5.53
  • Diluted: ₹5.53
  • Paid-up equity share capital: ₹53.40 lakh (Face Value of Re 1/- each)

Comparative Performance

  • Quarter Ended June 30, 2025: Loss of ₹2.12 lakh before tax, loss of ₹2.12 lakh after tax, EPS of (₹0.04)
  • Quarter Ended March 31, 2026: Loss of ₹5.10 lakh before tax, loss of ₹5.80 lakh after tax, EPS of (₹0.11)
  • Year Ended March 31, 2026: Loss of ₹6.96 lakh before tax, loss of ₹7.66 lakh after tax, EPS of (₹0.14)

Emphasis of Matter

The independent auditor's review report highlighted a related party transaction approved by the Board on February 24, 2026, and subsequently by shareholders via postal ballot. The transaction involved:

  • Sale of the Company's office premises (1,340 sq. ft. carpet area) at 401 to 405, Jolly Bhavan No. 1, 10, New Marine Lines, Mumbai -400020 to The New Great Eastern Spinning and Weaving Company Limited
  • Taking on leave and licence basis an area of 250 sq. ft. carpet area in the same premises for 3 years at a monthly licence fee of ₹75,000
  • The Sale Deed was registered on May 27, 2026

The auditor's opinion was not modified regarding this matter.

Additional Information

  • The financial results were prepared in accordance with Indian Accounting Standard (Ind AS) 34
  • The results were reviewed by the Audit Committee and approved by the Board of Directors
  • Deferred Tax Liability is recognized at the end of the year
  • The Company has only a single reportable segment
  • Earlier period figures have been regrouped/rearranged where necessary

Signatories and Approvals

The financial results were signed by:

  • Gaurav Dhebar, Partner of Batliboi & Purohit Chartered Accountants (Firm Reg. No. 101048W)
  • Raj Kumar Jhunjhunwala, Whole Time Director of Bombay Wire Ropes Limited (DIN: 01527573)

The extract of results indicates they were approved by the Board on July 25, 2026 (note: discrepancy with main document date of July 24, 2026).