ALPHA TRIBE

Bansal Wire Industries LimitedOthers, 21-07-2025: Appointment

21-07-2025 | 05:32 pm

Bansal Wire Industries' board has reviewed and approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at Rs 939.01 Cr, with a net profit of Rs 39.28 Cr. The company has fully utilized its IPO proceeds, including Rs 452.68 Cr for its own debt repayment and Rs 93.71 Cr for subsidiary debt. Funds were also deployed for working capital (Rs 60.00 Cr) and general corporate purposes (Rs 90.66 Cr). Additionally, new Secretarial, Cost, and Internal Auditors were appointed, and the IPO Committee was dissolved, marking the completion of the IPO process.

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