NewsEarningsVidya Wires Limited Reports Strong Q2FY26 Results with Revenue Growth and Improved ProfitabilityVidya Wires Limited Reports Strong Q2FY26 Results with Revenue Growth and Improved Profitability
Vidya Wires Limited announced its Q2FY26 financial results, showing significant growth. Revenue from operations reached ₹3,809.38 crores, up 4.7% year-over-year, while net profit increased by 26.1% to ₹105.03 crores. For H1FY26, revenue grew 5.26% to ₹7,926.96 crores, with net profit up 28.05% to ₹227.32 crores. The company maintained effective cost management and reported a strong balance sheet position with total assets of ₹3,625.91 crores. Vidya Wires recently completed its IPO, listing on BSE and NSE on December 10, 2025. The company aims to expand its production capacity to 37,680 MT.
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Vidya Wires Limited has announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025, marking the company's first quarterly disclosure following its recent listing on stock exchanges. The Board of Directors approved these results in their meeting held on December 22, 2025.
Financial Performance Highlights
Vidya Wires Limited reported robust Q2FY26 performance with revenue of ₹3,809.38 crores and net profit of ₹105.03 crores, marking significant growth over the previous year. The company demonstrated strong operational performance during Q2FY26, with revenue from operations reaching ₹3,809.38 crores compared to ₹3,639.33 crores in Q2FY25, representing a growth of 4.7%. Net profit for the quarter stood at ₹105.03 crores, marking a significant improvement of 26.1% over the ₹83.29 crores recorded in the corresponding quarter of the previous year.
| Metric | Q2FY26 | Q2FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | 3,809.38 | 3,639.33 | +4.7% |
| Net Profit | 105.03 | 83.29 | +26.1% |
Half-Year Performance
For the six-month period ended September 30, 2025, Vidya Wires Limited reported revenue from operations of ₹7,926.96 crores compared to ₹7,530.73 crores in H1FY25, reflecting growth of 5.26%. The company's net profit for the half-year period reached ₹227.32 crores, representing an increase of 28.05% over the ₹177.52 crores achieved in the corresponding period of the previous year.
| Parameter | H1FY26 | H1FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | 7,926.96 | 7,530.73 | +5.26% |
| Total Income | 7,968.16 | 7,544.19 | +5.62% |
| Net Profit | 227.32 | 177.52 | +28.05% |
| Basic EPS | 1.42 | 1.11 | +27.93% |
Cost Management and Operational Efficiency
The company maintained effective cost management during the quarter, with total expenses of ₹3,691.21 crores in Q2FY26 compared to ₹3,531.65 crores in Q2FY25. Cost of materials consumed, the largest expense component, stood at ₹3,300.24 crores in Q2FY26. Manufacturing expenses were ₹70.53 crores, while employee benefits expense reached ₹28.56 crores for the quarter.
Balance Sheet Position
As of September 30, 2025, Vidya Wires Limited's total assets stood at ₹3,625.91 crores compared to ₹3,267.51 crores as of March 31, 2025. The company's equity base remained stable at ₹160.00 crores in paid-up equity share capital, with each share having a face value of ₹1. Total equity including other equity components reached ₹1,897.18 crores as of September 30, 2025.
Recent Listing and Corporate Developments
The company's equity shares were listed on BSE Limited and National Stock Exchange of India Limited with effect from December 10, 2025, following a successful Initial Public Offering. The IPO comprised 57.69 million equity shares at ₹52 per share, aggregating to ₹3,000.05 crores. The Board of Directors also authorized key managerial personnel to determine materiality of events for disclosure purposes under SEBI regulations, including Chairman Shyamsundar Rathi, Managing Director Shailesh Rathi, CFO Naveen Pachisia, and Company Secretary Alpesh Makwana.
Future Plans
Vidya Wires Limited aims to expand its production capacity. The company targets a capacity expansion to 37,680 MT, indicating its commitment to growth and meeting increasing market demand.
The financial results have been subject to limited review by statutory auditors O.P. Rathi & Co., and represent the company's first quarterly disclosure as a listed entity in compliance with SEBI listing regulations.
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