Bansal Wire Q4 Net Profit Rises 21.0 Per Cent

05 May 2026 CW Team

Delhi, April 29, 2026: Bansal Wire Industries Limited (Bansal Wire) reported a 21.0 per cent year-on-year increase in net profit to Rs 400.7 mn for the fourth quarter ended March 31, 2026. The company recorded Q4 revenue of Rs 11,363.6 mn, up 20.9 per cent, while consolidated EBITDA rose 11.1 per cent to Rs 804.4 mn. These results reflected higher sales and steady operational performance.

For the full year FY26, Bansal Wire reported revenue of Rs 41,597.9 mn, an 18.6 per cent rise from Rs 35,071.7 mn in FY25. Full year EBITDA increased 17.3 per cent to Rs 3,234.8 mn and profit after tax grew ten per cent to Rs 1,609.4 mn. EBITDA margin stood at 7.8 per cent compared with 7.9 per cent a year earlier, while PAT margin was 3.9 per cent versus 4.2 per cent previously.

Sales volumes for FY26 amounted to 458,055 tonnes (t), representing a 33 per cent year-on-year increase driven by disciplined execution, a stronger product mix and improving customer demand. The company noted that global supply-side disruptions at the end of March affected short-term production and sales, yet volumes remained resilient. Management attributed the performance to operational agility and sustained market traction.

Management outlined a strategic pivot towards high-value specialty products with induction hardening and oil hardening treatment wires gaining commercial traction following early customer approvals and faster-than-expected commercialisation. The company reported operating cash flow of Rs 3,330 mn in FY26 and said it remains on track to deliver Rs 6,000 mn in operating free cash flow over FY26–FY27 while continuing targeted investments. It stated that the focus will remain on expanding value-added offerings, deepening customer engagement and driving operational improvements to support sustained revenue and margin expansion.

Equipment

25 May 2026

MANN+HUMMEL Opens Tumkur Innovation Centre

MANN+HUMMEL, a global leader in filtration solutions, today announced the launch of its new state-of-the-art Global Technology & Innovation Center in Tumkur, Karnataka, marking a significant milestone in its global growth strategy. Positioned as MANN+HUMMEL’s largest development center outside Germany, the facility reinforces India’s role as a critical hub for engineering, innovation, and advanced filtration technologies.The Tumkur facility is designed to accelerate global product development and customer-centric innovation by integrating advanced research labs, testing infrastructure,..

SPML Infra Secures Rs 1.65 Billion Rajasthan Grid Project

SPML Infra has secured a Rs 1.65 billion contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV grid sub-station and associated transmission infrastructure at Dahra in Kota, Rajasthan.The project, scheduled for completion within 24 months, strengthens the company’s presence in the high-voltage power transmission segment and supports Rajasthan’s expanding energy infrastructure.The scope of work includes supply, erection, testing and commissioning of the 400 kV grid sub-station with one 500 MVA autotransformer bay, a 420 kV 125 MVAR bus-type shu..

The Phoenix Mills Rebrands Pune Mall as Phoenix Avenue of Stars

The Phoenix Mills (PML) has rebranded Phoenix MarketCity Pune as Phoenix Avenue of Stars, marking a new phase in the evolution of one of Pune’s leading retail and lifestyle destinations. The transformation reflects PML’s strategy of upgrading and premiumising its assets in response to changing consumer preferences and evolving urban consumption trends. Over the years, the destination has emerged as a major retail and leisure hub in Pune. The new identity introduces enhanced architecture, upgraded customer touchpoints and a stronger premium retail positioning aligned with the scale and st..