Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and half year ended 30th September 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results

Audit Opinion:

Clean - Limited Review Report issued by statutory auditors with no qualifications or modifications

Key Financial Highlights [All amounts in lakhs rupees]:

Standalone Results:

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹4,424.23 (QoQ: +84.1% from ₹2,402.64; YoY: +87.0% from ₹2,365.75)
  • Total Income: ₹4,430.53
  • Profit Before Tax: ₹23.80 (YoY: -56.1% from ₹54.23)
  • Tax Expense: ₹14.43
  • Net Profit: ₹9.36 (YoY: -78.8% from ₹44.05)
  • EPS (Basic & Diluted): ₹0.07

Half-Year Ended 30.09.2026:

  • Revenue from Operations: ₹6,826.86
  • Total Income: ₹6,839.56
  • Profit Before Tax: ₹41.98
  • Tax Expense: ₹15.14
  • Net Profit: ₹26.84
  • EPS (Basic & Diluted): ₹0.21

Comparative Year Ended 31.03.2026 (Audited):

  • Revenue from Operations: ₹10,084.53
  • Total Income: ₹10,112.73
  • Profit Before Tax: ₹35.50
  • Tax Expense: ₹17.68
  • Net Profit: ₹17.83
  • EPS (Basic & Diluted): ₹0.14

Expenses Analysis (Quarter Ended 30.09.2026):

  • Cost of materials consumed: ₹3,804.25
  • Employee Benefit Expenses: ₹192.82
  • Financial costs: ₹119.60
  • Depreciation and amortization expenses: ₹216.57
  • Other Expenses: ₹335.04
  • Total Expenses: ₹4,406.73

Balance Sheet Position (30.09.2026 vs 31.03.2026):

  • Total Assets: ₹24,689.02 (vs ₹22,646.64)
  • Equity Share Capital: ₹1,292.10 (unchanged)
  • Other Equity: ₹12,460.23 (vs ₹12,433.39)
  • Total Equity: ₹13,752.33 (vs ₹13,725.49)
  • Non-Current Liabilities: ₹1,584.05 (vs ₹829.22)
  • Current Liabilities: ₹7,768.60
  • Cash and Cash Equivalents: ₹92.24 (vs ₹110.96 at beginning of year)

Cash Flow Statement (H1 FY27):

  • Net Cash from Operating Activities: (₹558.81)
  • Net Cash from Investing Activities: (₹42.23)
  • Net Cash from Financing Activities: ₹582.32
  • Net decrease in Cash and Cash Equivalents: (₹18.72)

Segment-wise Performance:

The company operates in only one segment: steel products. Segment information is not applicable.

Corporate Actions:

Not Specified

Other Significant Information:

  • Company operates from Hyderabad, Telangana
  • No exceptional items reported
  • No change in accounting policy mentioned
  • No forward-looking guidance or management outlook provided