Vidya Wires Reports 58% Surge in Q4 Sales, Shares Rise
Vidya Wires climbs after Q4 sales surge 58% YoY to Rs 598 cr
Business Standard
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Vidya Wires' shares increased by 5.74% after reporting a 57.5% year-on-year sales growth in Q4 FY26, reaching ₹598 crore. The company's annual sales also rose by 24.4% to ₹1,834.74 crore for FY26, driven by the launch of commercial production at its subsidiary, ALCU Industries.
- 01Vidya Wires' Q4 FY26 sales surged by 57.5% year-on-year.
- 02The company achieved sales of ₹598 crore in Q4 FY26.
- 03Annual sales for FY26 increased by 24.4% to ₹1,834.74 crore.
- 04Net profit for Q3 FY26 rose by 46.58% to ₹15.42 crore.
- 05The company has a diverse customer base, including major firms like Adani Wilmar and Schneider Electric.
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Vidya Wires experienced a significant boost in its financial performance, with Q4 FY26 sales soaring by 57.5% year-on-year to reach ₹598 crore compared to ₹379.62 crore in Q4 FY25. This growth is attributed to the successful launch of commercial production at its wholly-owned subsidiary, ALCU Industries. For the fiscal year FY26, the company's total sales rose by 24.4%, amounting to ₹1,834.74 crore, up from ₹1,474.28 crore in FY25. Additionally, Vidya Wires reported a 46.58% increase in net profit for Q3 FY26, totaling ₹15.42 crore, compared to ₹10.52 crore in the same quarter of the previous year. The company specializes in manufacturing winding and conductivity products, offering over 6,400 SKUs of copper and aluminum winding wires, and serves a diverse clientele, including well-known firms like Adani Wilmar and Schneider Electric.
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The strong sales growth and profitability may lead to increased investment in production capacity, potentially resulting in job creation and improved product availability for customers.
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