BMW Industries Net Profit Jumps 26% in Apr–Jun Quarter to Rs 19.04 Cr

New Delhi: Steel processing and manufacturing company BMW Industries has posted 25.76 per cent year-on-year growth in consolidated net profit to Rs 19.04 crore in the June quarter, on account of growth in revenues.

The company had clocked a net profit of Rs 15.14 crore in the April-June period of the preceding 2025-26 fiscal, an exchange filing said on Friday.

During the first quarter, the company increased total income to Rs 176.68 crore, up 15 per cent, from Rs 153.54 crore in Q1 FY26.

In a separate statement, the company’s Chairman Ram Gopal Bansal said, “We have reported a robust start to FY27, marked by healthy profitability growth and steady progress on our strategic expansion. EBITDA rose 22.2 per cent year-on-year, and EBITDA margin stood at a healthy 25.1 per cent, an expansion of 147 bps year-on-year.” Bansal further said that the Greenfield Downstream Steel Complex project, which is being set up as part of an over Rs 800 crore expansion plan at Bokaro, is progressing well, and revenue generation is expected to commence in Q2 FY27.

The investment is being made as part of the government’s PLI Scheme for speciality steel, which aims to promote the manufacturing of value-added steel grades in the country and help the Indian steel industry mature in terms of technology and move up the value chain.

In FY 2025-26, the company’s total income was at Rs 680.02 crore, higher from Rs 638.6 crore in FY25.

During January-March 2026, the company — which is in expansion mode — entered into a partnership with Indian Oil Corporation Ltd for the supply of Piped Natural Gas (PNG) at the Bokaro facility.

Kolkata-based BMW Industries is engaged in the downstream value addition manufacturing of steel coils, sheets, pipes, and TMT rebars.

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