New Delhi

BMW Industries on Wednesday reported an 87 per cent rise in consolidated net profit to Rs 33.01 crore for the quarter ended March 31, driven by higher revenues and improved operational performance.

The company had posted a net profit of Rs 17.66 crore in the corresponding quarter of the previous financial year, according to an exchange filing.

Total income during the January-March quarter increased to Rs 215.73 crore from Rs 161.52 crore a year earlier.

For the full financial year 2025-26, the company’s income rose to Rs 680.01 crore, compared with Rs 638.68 crore in FY25.

The board has also recommended a final dividend of Re 0.43 per equity share for FY26, subject to shareholders’ approval at the upcoming annual general meeting.

Company chairman Ram Gopal Bansal said the March quarter marked a record performance for the company, delivering its highest-ever quarterly profit after tax.

He added that EBITDA for the quarter stood at Rs 63.90 crore, translating into a margin of 29.6 per cent, while profit margins remained strong at 15.4 per cent.

During the quarter, BMW Industries also entered into a partnership with Indian Oil Corporation Limited for the supply of piped natural gas at its Bokaro facility, as part of its ongoing expansion plans.

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BMW Industries manufactures steel coils, sheets, pipes and TMT rebars.