Bansal Wire Industries Achieves Record Q3 FY26 Sales Volume
Filing Summary
Bansal Wire Industries Limited reported its highest-ever quarterly sales volume in Q3 FY26, reaching 121,702 MT. This represents a 31.70% year-over-year increase and a 6.18% quarter-over-quarter rise. The nine-month sales volume for FY26 totaled 340,411 MT, marking a 37.88% growth compared to the previous year. The company expanded its product offerings with the launch of LRPC Wire and Induction Hardened and Tempered Wire, enhancing its capacity and targeting key sectors such as automotive and infrastructure.
Bansal Wire Industries Limited announced a record sales volume for the third quarter of FY26, achieving a total of 121,702 MT. This marks a 31.70% increase compared to the same quarter in the previous year and a 6.18% rise from the preceding quarter. The company also reported a nine-month sales volume of 340,411 MT, reflecting a 37.88% year-over-year growth.
The company surpassed its previous quarterly sales record of 114,609 MT set in Q2 FY26. This performance is attributed to the company’s expanded production capacity and its ability to meet demand across sectors such as automotive, infrastructure, and general engineering. Bansal Wire Industries has an annual production capacity of 618,000 MTPA.
In the previous quarter, Bansal Wire Industries launched the LRPC Wire at its Dadri plant, adding an incremental capacity of 18,000 MT. Additionally, in Q3 FY26, the company introduced the Induction Hardened and Tempered Wire, increasing its capacity by 9,000 tonnes. This product is primarily targeted at the automotive sector for manufacturing suspension and valve springs.
Bansal Wire Industries Limited is a leading manufacturer of steel wires, with a significant presence in the Asian market. The company is part of the Bansal Group, which was established in 1938. It is recognized as the largest stainless steel wire manufacturer and the second-largest steel wire manufacturer by volume. The company serves a diverse range of sectors, including automotive, infrastructure, and general engineering, with a focus on expanding its specialty wire portfolio.