Rajratan Global Wire Limited reported a robust start to FY27, with consolidated net profit surging 70% year-on-year to ₹229.6 crore for the quarter ended June 30, 2026. The strong performance was driven by a 29% increase in revenue from operations to ₹3,183.5 crore and an expansion in EBITDA margins to 13.1%, reflecting improved operational efficiency and higher selling prices in the tyre bead wire segment.

The Board of Directors, chaired by Sunil Chordia, approved the unaudited standalone and consolidated financial results on July 24, 2026. The results were reviewed by the statutory auditors, Fadnis & Gupte LLP, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consolidated figures include the financials of its wholly-owned subsidiaries, Rajratan Thai Wire Company Limited and Rajratan Wire USA Inc.

Q1FY27 Financial Highlights

The company’s top-line growth was supported by robust demand both domestically and internationally. Consolidated revenue from operations rose to ₹3,183.5 crore from ₹2,465.1 crore in the corresponding quarter of the previous year. Standalone revenue also grew to ₹1,944.1 crore from ₹1,583.8 crore.

Standalone net profit for the quarter stood at ₹138.1 crore, up from ₹106.2 crore in Q1FY26. The earnings per share (basic) increased to ₹2.72 on a standalone basis and ₹4.52 on a consolidated basis, compared to ₹2.09 and ₹2.66 respectively in the prior year period.

Segment Performance and Geography

Rajratan Global Wire operates primarily in the tyre bead wire segment. The company reported segment revenue of ₹3,183.5 crore for the quarter. Geographically, domestic sales within India accounted for ₹1,736.2 crore, while exports to the rest of the world contributed ₹1,447.3 crore. The international contribution grew significantly, rising from ₹1,010.1 crore in Q1FY26, indicating strengthening demand in overseas markets.

Subsidiary Contributions

The consolidated results reflect significant contributions from its overseas subsidiaries. Rajratan Thai Wire Company Limited reported total revenues of ₹1,106.7 crore and a net profit after tax of ₹54.6 crore for the quarter. Its independent auditors reviewed these interim financial results. Rajratan Wire USA Inc. reported revenues of ₹256.5 crore and a net profit of ₹36.7 crore; these results were certified by management as they were not reviewed by external auditors, deemed immaterial to the group.

What the Numbers Show

The 70% surge in net profit outpaced the 29% revenue growth, highlighting effective cost management and operating leverage. The EBITDA margin expanded to 13.1% from 12.55% in the previous year, driven by higher realizations and optimized production costs. The strong performance across both Indian and international segments suggests resilient demand for tyre bead wires, positioning the company well for continued momentum in FY27.

Rajratan Global Wire Limited has received Rs 3.27 Crore from MP Industrial Development Corporation Limited as the final tranche of Investment Promotion Assistance (IPA). The subsidy was sanctioned under the Madhya Pradesh Nivesh Protsahayan Yojana, 2014, also known as the Investment Promotion Assistance Scheme. This receipt completes the financial assistance extended to the company under the state government's initiative to promote industrial investment.

The total sanctioned IPA amount stood at Rs 22.92 Crores, with an eligibility period spanning 7 years. The yearly sanctioned amount under this scheme was Rs 3.27 Crores. The company confirmed that the recent receipt of Rs 3.27 Crore represents the last installment of this assistance.

Key Details of the Subsidy

MP Industrial Development Corporation Limited is a Government of Madhya Pradesh Undertaking. The intimation regarding this receipt was submitted to the stock exchanges on July 14, 2026, by Shubham Jain, Company Secretary & Compliance Officer of Rajratan Global Wire Limited .