DP Wires Limited , a prominent player in the wire manufacturing industry, has released its financial results for the second quarter of the fiscal year 2025-2026, alongside significant changes in its executive compensation structure.

Financial Performance

The company reported a quarterly profit of ₹119.50 lakhs for the period ended September 30, 2025. This figure comes from the unaudited financial results approved by the Board of Directors in their recent meeting.

Revision in Director Remuneration

In a notable development, the Board of Directors has approved a reduction in the annual remuneration for two key executives:

This revision represents a significant 28.57% reduction in the annual compensation for both directors, aligning with the company's financial prudence measures.

Board Meeting Details

The Board of Directors convened on November 14, 2025, at the company's Industrial Estate in Ratlam, Madhya Pradesh. The meeting, which commenced at 7:50 PM and concluded at 8:35 PM, addressed several key agenda items:

1. Approval of unaudited financial results for Q2 and H1 FY2025-26
2. Review and approval of the Limited Review Report from auditors
3. Revision of remuneration for the Managing Director and Whole-time Director

Auditor's Review

The financial results have undergone a limited review by the company's independent auditors, Dilip K. Neema & Associates, Chartered Accountants. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as mandated by the Institute of Chartered Accountants of India.

Compliance and Disclosure

DP Wires Limited has submitted these results and decisions in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors have access to the latest financial and operational updates of the company.

The company's proactive approach in revising executive compensation, coupled with its timely financial reporting, demonstrates its commitment to corporate governance and financial responsibility in the face of evolving market conditions.

D P WIRES , a prominent player in the wire manufacturing industry, has released its financial results for the fourth quarter, revealing a mixed performance with declining profits and revenue compared to the previous year.

Financial Highlights

• The company reported a net profit of ₹40.00 crore for the fourth quarter, marking a significant decrease from the ₹98.00 crore recorded in the same quarter of the previous year. This represents a year-over-year decline of approximately 59.18% in net profit.

• Quarter-over-quarter, the net profit also saw a decrease, down from ₹50.00 crore in the previous quarter to ₹40.00 crore in the current quarter, indicating a sequential decline of 20.00%.

• Revenue for the fourth quarter stood at ₹137.00 crore, down from ₹210.00 crore in the corresponding quarter of the previous year, reflecting a year-over-year decrease of about 34.76%.

Performance Overview

The financial results paint a picture of challenges faced by D P WIRES during the quarter. The substantial decline in both revenue and net profit suggests that the company encountered headwinds in its operating environment.

The reasons behind the decline in performance were not immediately clear from the available data. Factors such as market conditions, input costs, or industry-specific challenges could have played a role in the company's financial outcomes for the quarter.

Looking Ahead

Investors and analysts will likely be keen to understand the underlying factors contributing to the reduced profitability and revenue, as well as the company's strategies to address these challenges in the coming quarters.

As D P WIRES navigates through these financial headwinds, stakeholders will be watching closely for any guidance or outlook provided by the company management regarding future performance and potential turnaround strategies.