
Business Update7 Sept 2026, 04:21 pm
Plaza Wires Files FY26 Annual Report with Strong Revenue Growth
AI Summary
Plaza Wires Ltd has submitted its Annual Report for the financial year 2025-26, detailing significant operational and financial achievements. The company reported a substantial increase in revenue from operations to ₹3180.58 million, a 45.78% growth from ₹2181.75 million in FY 2024-25. Profit After Tax (PAT) also saw a considerable rise to ₹73.03 million, up from ₹28.84 million in the previous year. This growth is attributed to the ramp-up of their new manufacturing facility in Himachal Pradesh, enhancing production capabilities and market presence. The report is available electronically to members and on the company's website.
Key Highlights
- FY26 revenue grew 45.78% to ₹3180.58 million.
- PAT increased to ₹73.03 million from ₹28.84 million.
- New manufacturing facility boosted production capacity.
- Operating margin improved to 4.93%.
Price Impact
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