Shares of Precision Wires India rallied more than 10% during Monday’s trading session after the company reported a strong set of Q4 FY26 earnings, supported by sharp growth in profit and improved operational performance.
The stock surged as much as 10.45% to Rs 458.55 on the NSE and also touched a fresh 52-week high of Rs 467.50 during the session. As of 9:49 AM, Precision Wires India shares were trading at Rs 458.55, up 10.45%.
The company reported a net profit of Rs 54.9 crore for Q4 FY26, marking an 85.5% increase compared to Rs 29.6 crore reported in the corresponding quarter last year. Revenue from operations rose sharply to Rs 1,743 crore from Rs 1,046 crore in Q4 FY25.
EBITDA for the quarter stood at Rs 85.1 crore compared to Rs 50.6 crore in the year-ago period, while EBITDA margin improved marginally to 4.9% from 4.8% YoY.
For the full financial year FY26, Precision Wires India reported a net profit of Rs 155.3 crore, up 72.4% from Rs 90 crore recorded in FY25. Annual revenue from operations increased to Rs 5,410 crore compared to Rs 4,015 crore in the previous fiscal year.
The company’s board also recommended a final dividend of Rs 0.55 per equity share for FY26.
Investor sentiment remained positive amid the company’s ongoing expansion initiatives. Precision Wires India is expanding its copper winding wire capacity and progressing with copper rod and recycling projects, which are expected to support future growth and operational scale.
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