Bombay Wire Ropes Reports Narrowed Net Loss for Q1

2 min read     Updated on 25 Jul 2025, 02:09 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Bombay Wire Ropes Limited (BOMBWIR) has released its Q1 FY2026 results, showing a significant improvement in financial performance. The company reported a net loss of Rs 2.12 crore, down from Rs 13.56 crore in Q1 FY2025, representing an 84.37% reduction. Earnings per share improved to -Rs 0.04 from -Rs 0.25 year-over-year. The company's equity share capital remained stable at Rs 53.40 crore, with other equity reported at Rs 726.69 crore. The results were approved in a board meeting on July 25, 2025, and filed in compliance with SEBI regulations.

14978346

*this image is generated using AI for illustrative purposes only.

Bombay Wire Ropes Limited (BOMBWIR), a Mumbai-based company, has released its unaudited financial results for the first quarter, showing a significant reduction in net loss compared to the same period last year.

Financial Performance

The company's Board of Directors approved the unaudited financial results for the quarter ended June 30 during a meeting held on July 25. Key highlights from the financial results include:

Particulars Q1 (30.06.2025) Q1 (30.06.2024) Q4 (31.03.2025)
Net Profit/(Loss) (Rs. in crore) (2.12) (13.56) (92.33)
Earnings Per Share (Rs.) (0.04) (0.25) (1.73)
Equity Share Capital (Rs. in crore) 53.40 53.40 53.40
Other Equity (Rs. in crore) 726.69 - -

Improved Financial Position

Bombay Wire Ropes Limited has shown a marked improvement in its financial performance for the quarter ended June 30, 2025. The company reported a net loss of Rs 2.12 crore, which is significantly lower than the Rs 13.56 crore loss reported in the same quarter of the previous year. This represents an 84.37% reduction in net loss year-over-year.

Earnings Per Share

The company's earnings per share (EPS) for the quarter stood at negative Rs 0.04, an improvement from negative Rs 0.25 in the corresponding quarter of the previous year. This aligns with the overall reduction in net loss for the period.

Capital Structure

As of June 30, 2025, Bombay Wire Ropes Limited maintained its equity share capital at Rs 53.40 crore, unchanged from the previous quarters. The company reported other equity of Rs 726.69 crore, providing insight into its overall equity structure.

Board Meeting Details

The board meeting to approve these results commenced at 1:00 PM and concluded at 1:30 PM on July 25, 2025. The financial results were approved and taken on record by the Board of Directors during this meeting.

Regulatory Compliance

In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bombay Wire Ropes Limited has filed the detailed format of the financial results with the Stock Exchange. The full format of the financial results is available on the company's website and on the BSE website.

While the company continues to face challenges, as evidenced by the ongoing losses, the significant reduction in net loss compared to the previous year suggests that Bombay Wire Ropes Limited may be making progress in its efforts to improve its financial performance.

Historical Stock Returns for Bombay Wire Ropes

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.37%-0.72%-13.52%-12.16%+2,614.65%
Bombay Wire Ropes
View in Depthredirect
like15
dislike
Explore Other Articles
53.75
0.0
(0.0%)