Bansal Wire Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Bansal Wire Industries Ltd reported a 11.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 52.5%.
• Its expenses for the quarter were up by 12.3% QoQ and 49.6% YoY.
• The net profit increased 4.0% QoQ and increased 171.9% YoY.
• The earnings per share (EPS) of Bansal Wire Industries Ltd stood at 2.7 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bansal Wire Industries Ltd is a company known for its involvement in the wire manufacturing sector. The company specializes in producing a variety of wire products, including steel wires, wire rods, and other related wire applications that serve multiple industries. These products are essential components in construction, engineering, and manufacturing sectors. As of the latest information available, there are no specific major developments or announcements from the company regarding expansions, mergers, or new product lines. The company operates within the manufacturing industry, focusing on providing essential materials for various industrial applications.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Bansal Wire Industries Ltd reported a total income of ₹925.72 crores. This represents a quarter-over-quarter (QoQ) increase of 11.6% from the previous quarter (Q2FY25), where the total income was ₹829.66 crores. On a year-over-year (YoY) basis, the total income has risen significantly by 52.5% compared to the third quarter of the previous year (Q3FY24), which reported ₹606.93 crores in total income. This increase in revenue could be attributed to enhanced sales volume, improved pricing strategies, or expansion into new markets, but specific drivers are not detailed within the provided data.

Profitability

For Q3FY25, Bansal Wire Industries Ltd recorded a profit before tax of ₹58.10 crores, which shows a 2.2% QoQ growth from ₹56.87 crores in Q2FY25. The YoY increase is more pronounced at 116.4% from ₹26.85 crores in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 stands at ₹41.68 crores, marking a 4.0% QoQ increase from ₹40.06 crores in the previous quarter and a substantial 171.9% YoY increase from ₹15.33 crores in Q3FY24. Earnings per share for Q3FY25 are reported at ₹2.70, slightly down by 6.9% QoQ from ₹2.90 in Q2FY25, yet up by 125.0% YoY from ₹1.20 in Q3FY24.

Operating Metrics

Total expenses for Bansal Wire Industries Ltd in Q3FY25 were ₹867.61 crores, reflecting a 12.3% increase QoQ from ₹772.74 crores in Q2FY25, and a 49.6% increase YoY from ₹580.09 crores in Q3FY24. The tax component for Q3FY25 was ₹16.43 crores, showing a slight decrease of 2.3% from ₹16.82 crores in Q2FY25, but an increase of 42.6% YoY from ₹11.52 crores in Q3FY24. These figures suggest changes in operational costs and tax obligations over the periods reviewed. The provided data does not include specific information on financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio, hence these cannot be calculated without additional information.