Bedmutha Industries Reports Q3 FY26 Net Loss of ₹382.58 Lakhs Despite 30% Revenue Growth
Bedmutha Industries Limited reported Q3 FY26 results showing a net loss of ₹382.58 lakhs despite 30.44% revenue growth to ₹35,683.51 lakhs. The company faced cost pressures and foreign exchange losses while achieving strong performance in both Steel and Copper segments. The Board approved overseas expansion plans through various international business structures.

*this image is generated using AI for illustrative purposes only.
Bedmutha Industries Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing mixed performance with strong revenue growth offset by profitability challenges. The wire and cable manufacturer reported significant top-line expansion while facing operational headwinds that impacted bottom-line performance.
Financial Performance Overview
The company's Q3 FY26 results showed contrasting trends in revenue and profitability metrics:
| Metric | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹35,683.51 lakhs | ₹27,356.97 lakhs | +30.44% |
| Total Income | ₹35,754.58 lakhs | ₹28,401.79 lakhs | +25.89% |
| Net Profit/(Loss) | (₹382.58 lakhs) | ₹210.46 lakhs | -281.81% |
| Basic EPS | (₹1.19) | ₹0.65 | -283.08% |
For the nine months ended December 31, 2025, the company reported revenue from operations of ₹1,03,110.72 lakhs compared to ₹76,761.28 lakhs in the corresponding period of FY25, representing growth of 34.31%. However, the nine-month net loss stood at ₹808.94 lakhs against a profit of ₹2,270.96 lakhs in the previous year.
Segment-wise Performance
The company operates primarily in two main segments - Steel and Copper - with detailed performance metrics:
| Segment | Q3 FY26 Revenue | Q3 FY25 Revenue | Growth (%) |
|---|---|---|---|
| Steel | ₹9,796.52 lakhs | ₹8,248.88 lakhs | +18.76% |
| Copper | ₹25,886.98 lakhs | ₹19,108.09 lakhs | +35.48% |
The Copper segment demonstrated stronger growth momentum, contributing significantly to the overall revenue expansion. For the nine months ended December 31, 2025, Steel segment revenue reached ₹31,707.04 lakhs while Copper segment achieved ₹71,403.68 lakhs.
Cost Structure and Operational Challenges
The company faced significant cost pressures during the quarter, with total expenses rising to ₹36,137.16 lakhs from ₹28,191.33 lakhs in Q3 FY25. Key expense components included:
- Cost of material consumed: ₹28,777.98 lakhs (Q3 FY26) vs ₹21,994.14 lakhs (Q3 FY25)
- Purchase of stock-in-trade: ₹4,764.39 lakhs vs ₹2,889.76 lakhs
- Finance costs: ₹986.70 lakhs vs ₹938.98 lakhs
- Other expenses: ₹3,513.45 lakhs vs ₹2,172.61 lakhs
During Q3 FY26, the company recognized unrealized foreign exchange losses of ₹82.04 lakhs on capital goods and ₹392.00 lakhs on hedging transactions due to fluctuations in exchange rates and copper commodity prices.
Strategic Expansion Initiative
The Board of Directors approved a significant expansion proposal for establishing overseas operations. The initiative includes:
| Parameter | Details |
|---|---|
| Expansion Mode | Branch offices, subsidiaries, step-down subsidiaries, and/or joint ventures |
| Geographic Scope | One or more foreign jurisdictions |
| Business Activities | Trading, distribution, manufacturing, value-added, and allied business activities |
| Compliance Framework | Companies Act 2013, FEMA regulations, and other applicable laws |
This strategic move aligns with the company's long-term growth plan and aims to diversify its market presence beyond domestic operations.
Corporate Governance and Compliance
The financial results were approved by the Board of Directors at their meeting held on February 10, 2026, after review and recommendation by the Audit Committee. The results have been subject to limited review by the company's statutory auditors, SIGMAC & Co., Chartered Accountants. The company maintains transparency by uploading all relevant information on its website www.bedmutha.com in compliance with SEBI Listing Regulations.
Historical Stock Returns for Bedmutha Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.86% | +8.53% | +12.76% | -2.97% | -25.28% | +467.74% |




























