Latest news about Bombay Wire Ropes
Bombay Wire Ropes
46.49
+2.12(+4.78%)
Company Performance:
View Company Insights1D+4.78%
1M-3.75%
6M-0.02%
1Y-17.41%
5Y+332.87%
More news about Bombay Wire Ropes
01Apr 26
Bombay Wire Ropes Limited Shareholders Approve Office Premises Sale and Lease Resolutions via Postal Ballot
Bombay Wire Ropes Limited successfully completed its postal ballot process with shareholders approving both resolutions related to office premises sale and lease arrangements. The voting results showed 77.71% approval overall, with unanimous institutional support contrasting against divided retail investor opinion, while promoters abstained from voting entirely.
24Feb 26
Bombay Wire Ropes Limited Board Approves Sale of Office Premises and Lease Agreement
Bombay Wire Ropes Limited's board approved the sale of its 1340 sq. ft. Mumbai office premises to promoter group company The New Great Eastern Spinning And Weaving Company Limited for INR 5.15 crores. The company will simultaneously lease back 250 sq. ft. of the same premises for three years at INR 75,000 monthly to maintain registered office operations. Both related party transactions require shareholder approval through postal ballot and comply with arm's length pricing requirements.
30Jan 26
Bombay Wire Ropes Limited Reports Q3FY26 Profit Recovery with ₹1.55 Lakhs Net Income
Bombay Wire Ropes Limited reported a strong quarterly recovery in Q3FY26 with a net profit of ₹1.55 lakhs, reversing from losses in previous quarters. Total income surged to ₹17.21 lakhs, representing significant growth from ₹12.13 lakhs in Q2FY26 and ₹2.34 lakhs in Q3FY25. For the nine-month period, the company substantially reduced its net loss to ₹1.86 lakhs from ₹38.32 lakhs in the corresponding period last year, indicating improved operational performance and financial recovery.
30Oct 25
Bombay Wire Ropes Reports Narrowed Losses for Q2 and H1 FY2026
Bombay Wire Ropes Limited (BWRL) announced unaudited financial results for Q2 and H1 FY2026, showing significant reduction in losses. Q2 net loss decreased to ₹1.29 lakhs from ₹11.50 lakhs in Q2 FY2025. H1 net loss reduced to ₹3.41 lakhs from ₹25.06 lakhs year-over-year. Total income for Q2 more than doubled to ₹12.13 lakhs. Cash position remained strong at ₹678.88 lakhs. The company's improved performance is attributed to increased income and cost management efforts.
25Jul 25
Bombay Wire Ropes Reports Narrowed Net Loss for Q1
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.
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