Key Financial Performance (Consolidated)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,14,589.15 lakhs (compared to ₹1,01,275.02 lakhs in Q2 FY26)
  • Other income: ₹1,815.24 lakhs (compared to ₹1,321.65 lakhs in Q2 FY26)
  • Total income: ₹1,16,404.39 lakhs (compared to ₹1,02,596.67 lakhs in Q2 FY26)
  • Total expenses: ₹1,08,087.02 lakhs (compared to ₹92,295.92 lakhs in Q2 FY26)
  • Profit before tax: ₹8,317.37 lakhs (compared to ₹10,300.75 lakhs in Q2 FY26)
  • Tax expense: ₹2,266.30 lakhs (compared to ₹1,577.50 lakhs in Q2 FY26)
  • Profit for the period: ₹6,051.07 lakhs (compared to ₹8,892.62 lakhs in Q2 FY26)
  • EPS: ₹2.51 (compared to ₹3.62 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹2,29,155.86 lakhs (compared to ₹2,14,052.86 lakhs in H1 FY26)
  • Other income: ₹3,646.23 lakhs (compared to ₹2,004.11 lakhs in H1 FY26)
  • Total income: ₹2,32,802.09 lakhs (compared to ₹2,16,056.97 lakhs in H1 FY26)
  • Total expenses: ₹2,08,003.28 lakhs (compared to ₹1,84,118.93 lakhs in H1 FY26)
  • Profit before tax: ₹24,798.81 lakhs (compared to ₹31,938.04 lakhs in H1 FY26)
  • Tax expense: ₹6,381.03 lakhs (compared to ₹5,835.36 lakhs in H1 FY26)
  • Profit for the period: ₹18,417.78 lakhs (compared to ₹26,272.05 lakhs in H1 FY26)
  • EPS: ₹7.63 (compared to ₹10.82 in H1 FY26)

Expense Breakdown (Quarter Ended September 30, 2026)

  • Cost of raw materials consumed: ₹79,420.94 lakhs
  • Purchase of stock in trade: ₹9,886.58 lakhs
  • Changes in inventories: ₹1,219.11 lakhs
  • Employee benefits expense: ₹4,171.29 lakhs
  • Finance costs: ₹916.66 lakhs
  • Depreciation and amortization: ₹3,550.62 lakhs
  • Other expenses: ₹8,921.82 lakhs

Balance Sheet Highlights (as at September 30, 2026)

  • Total assets: ₹4,49,297.18 lakhs (compared to ₹4,26,961.76 lakhs as at March 31, 2026)
  • Property, plant and equipment: ₹1,73,112.69 lakhs
  • Capital work in progress: ₹59,836.94 lakhs
  • Inventories: ₹66,863.55 lakhs
  • Trade receivables: ₹18,527.47 lakhs
  • Cash and cash equivalents: ₹111.58 lakhs
  • Equity share capital: ₹24,128.09 lakhs
  • Other equity: ₹3,24,526.04 lakhs

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash from operating activities: ₹9,082.36 lakhs
  • Net cash used in investing activities: ₹(21,853.60) lakhs
  • Net cash from financing activities: ₹2,717.34 lakhs
  • Net decrease in cash and cash equivalents: ₹(10,053.90) lakhs
  • Cash and cash equivalents at beginning: ₹10,165.48 lakhs
  • Cash and cash equivalents at end: ₹111.58 lakhs

Business Segment Information

The Group is primarily engaged in manufacturing of steel and allied products including pellet, sponge iron, ingots, TMT Bars. Other business activities related to power generation and real estate operations are immaterial and do not meet criteria for separate segment disclosure under Ind AS 108.

Dividend Information

The Board of Directors had recommended a final dividend of ₹2 per equity share (face value ₹10) for FY 2025-2026, which was approved in the Annual General Meeting held on September 30, 2026.

Subsidiary Information

The consolidated results include Suryalaxmi Technologies Private Limited, a wholly-owned subsidiary, which contributed minimal financial impact to the Group results.