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Bansal Wire Industries Limited reported impressive financial results for Q3 FY25, with net profit soaring 171.9% to ₹416.8 Mn, driven by a substantial 52.6% increase in revenue to ₹9,246.1 Mn. EBITDA nearly doubled, rising 98.7% to ₹731.3 Mn, reflecting strong operational execution and value-driven volume expansion. For the nine-month period, the company recorded a net profit of ₹1,132.5 Mn, up 123.1% YoY, with revenue increasing 46.1% to ₹25,669.7 Mn and EBITDA growing by 99% to ₹2,034.8 Mn.
The quarter also marked the commencement of production at the new specialty wire vertical in Dadri, introducing key products such as Bead Wire and Hose Wire. With an annual demand potential of 450,000 tons for these products, the establishment of a pilot project with a capacity of 50,000 tons aligns with the company’s strategy for innovation and market expansion. Additionally, the management emphasized a commitment to green solutions and exploring opportunities in the US and Europe, presenting a positive outlook for future growth.