DP Wires Limited Wire Unit Led Q2 Profit, Trading Near Half Sales

DP Wires Limited’s wire division reported Rs 12.8315 crore of segment results for the quarter ended September 30, 2026, while trading generated Rs 58.665 crore of reported segment revenue, equal to 47.68% of Rs 123.0441 crore in total segment sales.

How was DP Wires’ Q2 revenue divided between segments?

DP Wires reported Rs 64.0046 crore of revenue from the wire division and Rs 58.665 crore from others, identified as trading, in the quarter ended September 30, 2026. Reported total segment sales were Rs 123.0441 crore. Plastics contributed Rs 4.5 lakh and electric energy through the wind mill division contributed Rs 32.97 lakh.

Trading was close to the wire division in revenue during the September 2026 quarter. Wire represented 52.02% of reported segment sales, compared with trading’s 47.68%, based on the reported total of Rs 123.0441 crore. The filing identifies wire, plastics, electric energy through wind mill, and others or trading as the company’s reportable segments.

The revenue composition changed from the quarter ended June 30, 2026, when wire revenue was Rs 87.0035 crore and trading revenue was Rs 32.7724 crore. Wire revenue therefore declined by Rs 22.9989 crore sequentially, while trading revenue increased by Rs 25.8926 crore. Trading’s share of reported sales rose from 25.05% in the June quarter to 47.68% in the September quarter.

Which DP Wires segment reported the highest Q2 result?

DP Wires’ wire division reported the highest segment result, at Rs 12.8315 crore for the September 2026 quarter. The filing reported total segment results of Rs 15.91 crore before finance cost and other unallocable expenditure. Wire was therefore the main reported contributor to segment results during the quarter.

Trading reported segment results of Rs 2.7155 crore, while electric energy through the wind mill division reported Rs 30.88 lakh and plastics reported Rs 5.02 lakh. Trading generated nearly half of segment revenue but a smaller reported segment result than wire, which had only a Rs 5.3396 crore lead in revenue over trading.

The reported revenue and segment-result mix were consequently different. Wire accounted for 52.02% of reported segment sales and approximately four-fifths of the Rs 15.91 crore reported segment-result subtotal. Trading accounted for 47.68% of sales and reported Rs 2.7155 crore of segment results, showing that its reported sales contribution was much larger than its contribution to the segment-result subtotal.

How did DP Wires’ wire and trading segments change from Q1?

DP Wires’ wire segment result declined to Rs 12.8315 crore in the September 2026 quarter from Rs 17.1011 crore in the June 2026 quarter. This movement accompanied a decline in wire revenue to Rs 64.0046 crore from Rs 87.0035 crore across the same two quarters.

Trading moved in the opposite direction. The trading segment reported a loss of Rs 2.0683 crore in the June 2026 quarter, followed by segment results of Rs 2.7155 crore in the September quarter. That was a sequential change of Rs 4.7838 crore in reported segment results, alongside the increase in trading revenue from Rs 32.7724 crore to Rs 58.665 crore.

Reported total segment results fell from Rs 18.8838 crore in the June quarter to Rs 15.91 crore in the September quarter. The reduction in wire segment results was larger than the improvement in trading, while plastics segment results decreased from Rs 7.25 lakh to Rs 5.02 lakh and wind-mill segment results increased from Rs 22.95 lakh to Rs 30.88 lakh.

How did DP Wires’ segment performance compare with a year earlier?

DP Wires reported total segment sales of Rs 123.0441 crore for the quarter ended September 30, 2026, compared with Rs 130.0481 crore for the quarter ended September 30, 2025. Wire revenue fell from Rs 81.905 crore a year earlier to Rs 64.0046 crore, while trading revenue increased from Rs 47.6875 crore to Rs 58.665 crore.

The filing reported total segment results of Rs 15.91 crore in the September 2026 quarter, compared with Rs 11.2814 crore in the September 2025 quarter. Wire segment results rose from Rs 10.8338 crore to Rs 12.8315 crore, and trading segment results rose from Rs 32.44 lakh to Rs 2.7155 crore. Wind-mill segment results also increased from Rs 9.47 lakh to Rs 30.88 lakh.

The small plastics segment reported Rs 4.5 lakh of revenue and Rs 5.02 lakh of segment results in the September 2026 quarter. That compared with Rs 1.86 lakh of revenue and Rs 2.85 lakh of segment results in the September 2025 quarter, while remaining substantially smaller than wire and trading by reported revenue.

What does DP Wires’ half-year segment disclosure show?

DP Wires reported Rs 161.8079 crore of wire revenue and Rs 91.4374 crore of trading revenue for the period ended September 30, 2026. The reported figures show that wire remained the larger segment by revenue over the six-month period, unlike the narrower gap recorded during the September quarter alone.

For the same period, the wire division reported Rs 29.9326 crore of segment results, while trading reported Rs 64.82 lakh. The filing also reported Rs 53.81 lakh of segment results from electric energy through the wind mill division and Rs 13.07 lakh from plastics, against a reported total segment-result subtotal of Rs 31.2676 crore.

DP Wires’ September 2026 quarterly and half-year results were reviewed by the audit committee and approved by the board on November 5, 2026. The filing says the statutory auditors conducted a limited review of the unaudited financial results under Regulation 33 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements regulations.

Conclusion

DP Wires’ September-quarter segment disclosure shows that wire remained the principal reported profit contributor, with Rs 12.8315 crore of segment results, even as trading became nearly as large by revenue at Rs 58.665 crore. Compared with June 2026, wire sales and segment results declined, while trading revenue increased and its segment result moved from a loss to a positive figure.

The next result disclosure will show whether wire revenue recovers from Rs 64.0046 crore in the September quarter and whether trading sustains positive segment results after reporting Rs 2.7155 crore. The November 5, 2026 filing does not disclose a segment-specific revenue target, profit target, or future operating plan.