Precision Wires India reports Q1 results, announces expansion

Precision Wires India Limited reported a profit before tax of ₹3,617.66 lakhs for Q1 FY26, with revenue from operations at ₹110,375.61 lakhs.

The company announced expansion projects totaling ₹70 crores across three facilities. This includes ₹33 crores for copper rod manufacturing capacity expansion at Zaroli and Valvada, and ₹37 crores for expansion and modernization at Silvassa.

The Silvassa project will increase capacity by 4,400 MT per annum by Q4 2026-2027, bringing total installed capacity to approximately 65,400 MT per year.