Bombay Wire Ropes News

Bombay Wire Ropes Board Approves Office Sale & Lease Deal

Bombay Wire Ropes Limited board approved sale of 1340 sq. ft. office premises for INR 5.15 crores to promoter group company, while taking back 250 sq. ft. on lease at INR 75,000 monthly.

Bombay Wire Ropes Reports Net Loss of ₹3.41 Lakhs for Six Months Ended September 2025

Bombay Wire Ropes Limited announced its unaudited financial results for the quarter and six months ended September 30, 2025. The company reported a net loss of ₹1.29 lakhs for the quarter ended September 2025, compared to a loss of ₹11.50 lakhs in the same quarter of the previous year. For the six-month period, the company recorded a net loss of ₹3.41 lakhs versus ₹25.06 lakhs in the corresponding period last year. The company's earnings per share for the six-month period was -₹0.06 compared to -₹0.47 in the previous year. The Board of Directors approved these results in their meeting held on October 30, 2025. The auditor's review report highlighted that the company has not transferred ₹5 lakhs of unclaimed redemption proceeds to the Investor Education and Protection Fund within the prescribed time, though necessary steps are being taken for compliance.

Bombay Wire Ropes Reports Net Loss of Rs 2.12 Crore for Quarter Ended June 30, 2025

Bombay Wire Ropes Limited approved its unaudited financial results for the quarter ended June 30, 2025, during a board meeting held on July 25, 2025. The company reported a net loss of Rs 2.12 crore for the quarter, compared to a net loss of Rs 13.56 crore in the same quarter last year. The company's earnings per share stood at negative Rs 0.04 for the quarter. The equity share capital remained at Rs 53.40 crore, while other equity was Rs 726.69 crore. The board meeting commenced at 1:00 PM and concluded at 1:30 PM.