Bansal Wire Industries Cuts Production by 35% Amid Gas Shortage
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Bansal Wire Industries has trimmed output by 35% after a gas shortage forced a shift to electric heating, likely squeezing revenue and margins in the current quarter.
- Production capacity fell 35% since mid‑March, curtailing roughly one‑third of the plant’s output, especially heat‑treatment and annealing lines that rely on natural gas.
- The company activated electric furnaces and backup heaters to keep lines running, but higher electricity use could lift operating expenses if tariffs rise.
- Lower output is expected to pressure quarterly revenue, and margins may compress unless cost efficiencies or price adjustments offset the added energy cost.
- No quantitative guidance was provided; management will update investors as gas supply improves and production recovers.
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