Bansal Wire Q3 Profit Up 3.8%, EBITDA Jumps 20% Amidst GST Notice Challenge

• Bansal Wire Industries reported a 3.8% year-on-year increase in net profit to ₹43.2 crore for Q3.
• Revenue grew by 11.4% YoY to ₹1,029 crore, driven by stable demand for steel wire products.
• Operating performance saw a significant boost with EBITDA rising 19.7% YoY to ₹85.5 crore.
• EBITDA margin expanded by 60 basis points to 8.3%, indicating improved operating leverage and cost efficiencies.
• The company is contesting a ₹202.77 crore GST show-cause notice for FY21, but management asserts no material financial impact.

Why It Matters: Bansal Wire shows modest profit growth and strong EBITDA despite a significant GST notice challenge.