BANSALWIRE2024-04-012024-06-30 BANSALWIRE2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member BANSALWIRE2024-06-30 BANSALWIRE2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544209 BANSALWIRE NOTLISTED Bansal Wire Industries Limited Equity 2024-04-01 2025-03-31 2024-07-31 2024-07-25 INR Millions First quarter 18:00:00 19:00:00 2024-07-31 2024-07-31 Not applicable Single segment Steel Wire Manufacturing 2024-04-01 2024-06-30 Unaudited Consolidated 8169150000.00 13190000.00 8182340000.00 6402500000.00 0.00 -11150000.00 301640000.00 121930000.00 54890000.00 866930000.00 7736740000.00 445600000.00 -790000.00 444810000.00 125990000.00 3690000.00 129680000.00 0.00 315130000.00 0.00 0.00 0.00 0.00 315130000.00 -1220000.00 313910000.00 301880000.00 13260000.00 300460000.00 13450000.00 637270000.00 5 2.37 2.37 0.00 0.00 2.37 2.37 1 The above unaudited consolidated financial results have been reviewed and recommended by the Audit Committee of parent company in its meeting held on 31-07-2024.The Board of Directors at its meeting held on 31 07 2024 have approved the above results and taken them on record. 2 The statutory auditors of the Parent Company have expressed an unmodified opinion on the unaudited standalone financial results for the quarter ended 30-06-2024. 3 The unaudited consolidated financial results of the company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended and in pursuant to guidelines issued under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended. 4 The above statement of consolidated unaudited financial results for the quarter ended June 30, 2024, are drawn up for the first time in accordance with the requirements of Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulations, 2015, as amended. 5 The financial results for the quarter ended 30-06-2023, are based on standalone financial statements of the parent company only, since M/s. Bansal Steel and Power Limited became a subsidiary of M/s. Bansal Wire Industries limited on 7-12-2023 only. The Management has exercised the necessary diligence to ensure that the standalone financial results for these periods provide a true and fair view of the Company's affairs. 6 The Consolidated financial results for the quarter ended 31-03-2024, and standalone financial results for the quarter ended 30-006-2023, have been approved by the parent Company's Board of Directors, but the same has not been subjected to limited review or audit. 7.The figures for the quarter ended March 2024 are the balancing figures between the audited figures for the year ended 31-03-2024 and unaudited figures for the nine months ended 31-12-2023. The consolidated financial statements for the period ended 31-12-2023 have been approved by the holding Company's Board of Directors. 8 The equity shares of the Parent Company have been listed on National Stock Exchange of India Limited ( NSE ) and on BSE Limited ( BSE ) on 10-07-2024 by completing Initial Public Offer ( the IPO ) of 2,91,01,562 equity shares of face value of Rs. 5/- each at an issue price of Rs. 256/- per equity share (including share premium of Rs. 251/- per equity share) aggregating to Rs. 7,450 million. 9 The subsidiary company is engaged in the business comprising of two segments, first, manufacturing of Steel Wire products, secondly, Job-Work activities related to manufacturing process of Steel Wire products, therefore, the group has two principal operating and reporting segments. However, the job work activities have been performed by the subsidiary company for the parent company only, therefore at the consolidation level there is no reportable revenue for the segment related to job work activities. Since the revenue reported only comprises of revenue from manufacturing segment therefore segment reporting as per Ind AS 108 has not be made. 10 The equity shares and basic/diluted earnings per share for comparative period (quarter ended 30-06-2023) has been presented considering the adjustments for issue of bonus shares and split as approved by shareholders on 24-11-2023 in accordance with Ind AS 33 11 The consolidated unaudited financial results for the quarter ended 30-06-2024 are available on the Parent Company's website at www.bansalwire.com and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares are listed. 12 Figures for the periods/year are reclassified, regrouped wherever necessary to conform to current period presentation. Other expenses 866930000.00 Amount of items that will not be reclassified to profit and loss -1470000.00 -1470000.00 -250000.00 0.00