Bansal Wire Industries Q2 net profit jumps 38% to Rs 53 crore

Bansal Wire Industries reported a remarkable consolidated net profit of Rs 52.9 crore for the quarter ending in September, marking a substantial 38 percent growth compared to the previous year. The company's revenue surged by 23.9 percent, amounting to Rs 1,308.1 crore for the same period. Sales volume also experienced a 12.4 percent increase, reaching 1.29 LT, while both EBITDA and EBITDA per tonne achieved record highs this quarter.