Rajratan Global Wire Q2 FY26 Profit Declines 7.8% QoQ to ₹20.5 Crore; Revenue Up 19.5%

Indore, October 30, 2025 – Rajratan Global Wire Limited (NSE: RAJRATAN, BSE: 517522) on Thursday reported a consolidated net profit of ₹20.55 crore for Q2 FY26, marking a 7.8% decline sequentially from ₹22.27 crore in Q1 FY26, even as operational revenue rose sharply on improved production volumes.

The company’s total revenue from operations stood at ₹294.17 crore, up 19.5% quarter-on-quarter (QoQ) from ₹246.51 crore and 19.9% year-on-year (YoY) from ₹245.33 crore in Q2 FY25.

Consolidated Financial Highlights (₹ in lakh)

Rajratan Global Wire Limited reported a strong performance for the quarter ended September 2025 (Q2 FY26), with its revenue from operations rising 19.9% year-on-year to ₹29,417 lakh, compared to ₹24,533 lakh in Q2 FY25. Sequentially, revenue grew 19.5% over ₹24,651 lakh reported in Q1 FY26.

Total income increased to ₹29,561 lakh, marking a 20.4% growth year-on-year and a 19.4% rise quarter-on-quarter, reflecting steady demand and improved operational efficiency. Total expenses were ₹26,878 lakh, up 21.7% YoY and 17.0% QoQ, in line with higher production and input costs.

The company’s profit before tax (PBT) came in at ₹2,683 lakh, up 8.9% YoY and 50.4% QoQ, while net profit stood at ₹2,055 lakh, marking a 7.9% increase year-on-year and a sharp 52% sequential rise over the previous quarter. Earnings per share (EPS) for the quarter stood at ₹4.05, compared to ₹3.75 in the same period last year and ₹2.66 in the June quarter, indicating consistent earnings growth.

Segment Price Update

The tyre bead wire segment, Rajratan’s core business, continued to drive growth across both India and Thailand operations. Improved export demand and stable raw material costs supported topline expansion, although higher employee and other operating expenses weighed on margins.

Total expenses rose to ₹268.78 crore, up from ₹229.72 crore in Q1, driven by higher raw material consumption (₹175.79 crore) and other costs (₹71.98 crore). Finance cost increased marginally to ₹7.71 crore.

Half-Year FY26 Summary (Consolidated)

For the first half of FY26, Rajratan Global Wire Limited posted a revenue of ₹540.68 crore, marking a 16.4% year-on-year increase from ₹464.57 crore in the same period last year. Despite the strong topline growth, net profit remained stable at ₹34.07 crore, compared to ₹34.29 crore in H1 FY25. The company reported an earnings per share (EPS) of ₹6.71 for the period.

Share Performance

The share price of Rajratan Global Wire Limited closed at ₹407.70, which is a 1.93% gain on Thursday. Rajratan Global Wire Limited shares have dipped 15.7% in the year-to-date, gained 29% in the last month, and up 4.54% in the last 5 days.

Shares of Rajratan Global Wire Ltd opened at ₹399 on Thursday and moved between a high of ₹409.90 and a low of ₹375 during the session. The company currently holds a market capitalization of ₹2,070 crore. Over the past year, the stock has traded between a 52-week high of ₹556 and a low of ₹260.

Rajratan Global Wire Limited, headquartered in Indore, is a leading manufacturer of tyre bead wire, a critical component used in tyre reinforcement. The company operates facilities in India and Thailand and is listed on both the NSE and BSE. It primarily serves the auto components and equipment industry.

REF: https://nsearchives.nseindia.com/corporate/RAJRATAN_30102025132053_UFRSigned.pdf

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