Vidya Wires delivered impressive financial performance in Q1 FY27, with consolidated net profit rising 41.80% to ₹171.24 crore compared to ₹120.74 crore in the corresponding quarter of the previous year. The company simultaneously approved a ₹125 crore strategic investment in its wholly-owned subsidiary, Alcu Industries Private Limited (AIPL), through the issuance of non-convertible redeemable preference shares. This capital allocation aims to strengthen the subsidiary's manufacturing capabilities without altering the parent company's 100% holding structure, as reported by the company's latest financial results disclosed on August 11, 2026.
The company's sales revenue increased 33.50% to ₹5,497.10 million in Q1 FY27, up from ₹4,117.58 million in the same quarter of the previous financial year. Standalone revenue from operations reached ₹4,934.14 million, demonstrating robust demand for the company's products and services during the quarter. The strong revenue growth, driven by improved market conditions and effective operational management, provides the liquidity base for the strategic investment in AIPL, which had a turnover of ₹124.43 million in FY26 and manufactures aluminium and copper products including wires, tubes, rods, foils, plates, coils, and related components.
Basic earnings per share from continuing operations improved to ₹0.81 compared to ₹0.76 a year ago, while diluted earnings per share also increased to ₹0.81 from ₹0.76 in the corresponding quarter of the previous year. This enhancement in earnings per share reflects the company's improved profitability and demonstrates the positive impact of its operational improvements on shareholder value. The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting on August 11, 2026, with statutory auditors M/s. O. P. Rathi & Co., Vadodara, issuing a limited review report in accordance with SEBI regulations.
Consolidated EBITDA rose to ₹252.25 million from ₹199.98 million in Q1 FY26, representing a 26.10% increase, though EBITDA margin contracted to 4.03% from 4.54% in the prior year period, reflecting the impact of higher operational costs relative to revenue growth. Profit Before Tax (PBT increased significantly to ₹231.53 million from ₹159.45 million), aided by a sharp decline in finance costs to ₹8.50 million from ₹31.86 million. The reduction in finance costs reflects effective debt management following the utilisation of ₹1,000 million in IPO proceeds for repayment of outstanding borrowings, with the remaining unutilised IPO proceeds of ₹310.70 million earmarked for capital expenditure and general corporate purposes.
