Leading industrial wire manufacturer Rajratan Global Wire Limited delivered a resilient financial showing for the second quarter of the financial year 2026-27, propelled by sustained procurement across the automotive and tyre manufacturing sectors. According to a regulatory exchange filing submitted on Wednesday afternoon, October 21, 2026, the company recorded a consolidated net profit of ₹24.1 crore for the July-September quarter, marking an impressive 17 percent year-on-year increase compared to the ₹20.6 crore net profit delivered during the corresponding period of the previous fiscal year. The robust bottom-line uptick highlights the company’s ability to maintain healthy operational throughput and navigate raw material pricing dynamics while serving expanding original equipment manufacturer (OEM) demands across domestic and international markets.
Top-Line Momentum: Revenue Reaches ₹371 Crore as Operating Margins Contract 120 Bps
Demonstrating broad-based top-line acceleration, the manufacturer’s consolidated earnings from operations surged 26.2 percent year-on-year to touch ₹371 crore in Q2 FY27, climbing significantly from the ₹294 crore posted in the matching quarter of the prior financial cycle. Driven by stronger volume dispatches, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) advanced 15 percent year-on-year to ₹46 crore, compared to ₹40 crore logged in Q2 of the previous fiscal year. However, reflecting elevated input costs and changing operational expenditures, the company experienced mild compression on profitability metrics, with its EBITDA margin declining by 120 basis points year-on-year to settle at 12.4 percent, compared to 13.6 percent recorded in the year-ago quarter.
Strengthening Tyre Supply Chains: Global Leadership in High-Carbon Bead Wire
Rajratan Global Wire occupies an indispensable position within the automotive supply ecosystem as India’s leading manufacturer of high-carbon steel tyre bead wire—specifically bronze-coated varieties—and high-grade drawn steel wire. These critical precision engineering components serve as structural reinforcements in commercial and passenger automotive tires, while finding widespread specialized utility across engineering projects and construction infrastructure. Operating state-of-the-art production facilities, the company remains a primary tier-1 vendor supplying bead wire to major tyre manufacturers across the globe, ensuring that consistent volume absorption and expanded capacity utilization continue to provide strong medium-term visibility despite transient operating margin pressures in raw material cycles.