Bharat Wire Ropes Reports Q1 Growth Amid Global Uncertainties
Bharat Wire Ropes Limited (BWR) released its Q1 earnings, showing a 6.1% year-over-year revenue growth to ₹1,417.00 crores. However, the company faced margin pressures with EBITDA margins declining to 21.24% from 24.42% and PAT margins dropping to 11.01% from 13.56%. Despite global challenges, BWR maintained sales volume and slightly increased production volume. The company is focusing on higher value-added products, cost controls, operational efficiency, and wider geographical penetration to navigate market uncertainties.
Bharat Wire Ropes Limited reported Q1 FY2026 results with revenue growth of 6.1% to ₹14,165.15 crore. However, net profit declined by 13.6% to ₹1,560.50 crore. EBITDA decreased to ₹3,015.70 crore, with margin compression to 21.26%. The company also announced the appointment of M/s. C N K & Associates LLP as new Statutory Auditor and the reappointment of Mr. Mayank Mittal as Joint Managing Director and Mr. Venkateswararao Kandikuppa as Whole-Time Director, subject to shareholder approval.
Bharat Wire Ropes Ltd reported a 13.33% year-over-year increase in Q4 revenue to ₹1.70 billion. However, profitability metrics declined with EBITDA slightly decreasing to ₹371 million and net profit falling 5.50% to ₹206 million. The EBITDA margin contracted to 21.59% from 25.39%. Despite yearly declines, the company showed quarter-over-quarter improvement with net profit increasing 38.26% from the previous quarter.