Geekay Wires Reports FY26 Net Profit of ₹3,010.72 Lakh

1 min read     Updated on 20 May 2026, 07:33 AM
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Geekay Wires Limited reported a net profit of ₹3,010.72 lakh for the financial year ended March 31, 2026, a decrease from ₹3,622.60 lakh in the previous year. Total income for FY26 was ₹45,826.38 lakh, while revenue from operations stood at ₹44,081.35 lakh. The board approved the audited results on May 19, 2026.

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Geekay Wires Limited has released its audited financial results for the financial year ended March 31, 2026. The board of directors approved the outcomes during a meeting held on May 19, 2026. The statutory auditors provided an unmodified opinion on the financial results for both the quarter and the year ended March 31, 2026.

Financial Performance for FY26

For the full financial year, Geekay Wires recorded a total income of ₹45,826.38 lakh, down from ₹49,949.53 lakh in the previous year. Revenue from operations decreased to ₹44,081.35 lakh from ₹45,831.49 lakh in FY25. The company's total expenses for the year amounted to ₹41,747.37 lakh, lower than the ₹45,178.43 lakh reported in the prior year.

The profit for the year stood at ₹3,010.72 lakh, compared to ₹3,622.60 lakh in the financial year ended March 31, 2025. Earnings per share (EPS) on a nominal value basis were reported at ₹2.88 for FY26, a decrease from ₹3.47 in the previous year.

Quarterly Results

For the quarter ended March 31, 2026, the company reported a total income of ₹11,405.04 lakh. Revenue from operations for the quarter was ₹10,940.64 lakh, while total expenses stood at ₹10,478.46 lakh. The profit for the quarter was ₹675.46 lakh, with an EPS of ₹0.65.

Segment Revenue

The company's operations are divided into domestic and foreign segments. For the financial year ended March 31, 2026, domestic revenue from operations was ₹24,513.59 lakh, while foreign revenue contributed ₹19,567.76 lakh. In the corresponding quarter ended March 31, 2026, domestic revenue was ₹7,123.41 lakh and foreign revenue was ₹3,817.23 lakh.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹34,963.78 lakh, an increase from ₹28,841.73 lakh in the previous year. Total equity rose to ₹17,168.90 lakh from ₹14,477.86 lakh. Non-current assets were valued at ₹16,740.80 lakh, while current assets stood at ₹18,222.98 lakh.

Financial Metric (Amount in ₹ Lakhs) FY 2026 FY 2025
Revenue from Operations 44,081.35 45,831.49
Total Income 45,826.38 49,949.53
Total Expenses 41,747.37 45,178.43
Net Profit 3,010.72 3,622.60
Earnings Per Share (EPS) 2.88 3.47
Total Assets 34,963.78 28,841.73
Total Equity 17,168.90 14,477.86

What strategic initiatives is Geekay Wires planning to reverse the revenue decline and restore profit margins to FY25 levels in the coming fiscal year?

How might fluctuations in global commodity prices and currency exchange rates impact Geekay Wires' foreign revenue segment, which contributes nearly 44% of total operations?

Given the significant 21% increase in total assets alongside declining profitability, how is Geekay Wires planning to deploy its expanded asset base to improve return on investment?

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