Bansal Wire Industries Limited — Updates, 29-01-2025: Press Release

Bansal Wire Industries Limited reported a strong performance for Q3 FY25, with net profit rising 171.9% year-over-year to ₹416.8 million and revenue increasing by 52.6% to ₹9,246.1 million. EBITDA surged 98.7% to ₹731.3 million, reflecting a robust EBITDA margin of 7.9%.

For the nine-month period, net profit reached ₹1,132.5 million, up 123.1% YoY, while revenue climbed 46.1% to ₹25,669.7 million, supported by a 99.0% rise in EBITDA to ₹2,034.8 million. Despite challenges such as fluctuating raw material prices, the company is advancing with innovative solutions, including a commitment to sustainability with 70% renewable energy usage in some facilities.

Bansal's new specialty wire vertical has commenced production in Dadri, launching three key products with significant market potential. This initiative positions the company favorably within the dynamic market segment and highlights its commitment to innovation and quality. Investors should watch closely for the impact of international expansion plans and new product developments.