Key Financial Results (Standalone)

Quarterly Performance (Q2 FY2027 vs Q2 FY2026)

  • Revenue from operations: ₹1,145.89 crore (up from ₹1,012.75 crore YoY)
  • Other income: ₹18.15 crore (up from ₹13.22 crore YoY)
  • Total income: ₹1,164.04 crore (up from ₹1,025.97 crore YoY)
  • Total expenses: ₹1,080.87 crore (up from ₹922.96 crore YoY)
  • Profit before tax: ₹83.17 crore (down from ₹103.01 crore YoY)
  • Tax expense: ₹22.66 crore (up from ₹15.78 crore YoY)
  • Net profit: ₹60.51 crore (down from ₹87.23 crore YoY)
  • EPS: ₹2.51 (down from ₹3.62 YoY)

Half-Yearly Performance (H1 FY2027 vs H1 FY2026)

  • Revenue from operations: ₹2,291.56 crore (up from ₹2,140.53 crore YoY)
  • Other income: ₹36.46 crore (up from ₹20.04 crore YoY)
  • Total income: ₹2,328.02 crore (up from ₹2,160.57 crore YoY)
  • Total expenses: ₹2,080.03 crore (up from ₹1,841.19 crore YoY)
  • Profit before tax: ₹247.99 crore (down from ₹319.38 crore YoY)
  • Tax expense: ₹63.81 crore (up from ₹58.35 crore YoY)
  • Net profit: ₹184.18 crore (down from ₹261.03 crore YoY)
  • EPS: ₹7.63 (down from ₹10.82 YoY)

Balance Sheet Position (Standalone as of September 30, 2026)

  • Total assets: ₹4,492.96 crore (vs ₹4,269.62 crore as of March 31, 2026)
  • Property, plant and equipment: ₹1,729.32 crore
  • Capital work in progress: ₹598.13 crore
  • Inventories: ₹668.64 crore
  • Trade receivables: ₹185.27 crore
  • Cash and cash equivalents: ₹1.09 crore
  • Bank balances: ₹401.66 crore
  • Equity share capital: ₹241.28 crore (face value ₹10 per share)
  • Other equity: ₹3,245.27 crore
  • Borrowings (current): ₹505.69 crore
  • Trade payables: ₹167.11 crore (including ₹7.58 crore due to micro/small enterprises)

Cash Flow Statement (Standalone H1 FY2027)

  • Cash generated from operations: ₹170.11 crore
  • Taxes paid: ₹79.30 crore
  • Net cash from operating activities: ₹90.81 crore
  • Purchase of fixed assets: ₹273.12 crore
  • Net cash used in investing activities: ₹218.51 crore
  • Proceeds from borrowings: ₹44.29 crore
  • Interest paid: ₹17.11 crore
  • Net cash from financing activities: ₹27.17 crore
  • Net decrease in cash: ₹100.53 crore

Consolidated Financial Highlights

  • Q2 FY2027 net profit: ₹60.51 crore (includes share of profit from associate of ₹1.69 crore)
  • H1 FY2027 net profit: ₹184.18 crore
  • Consolidated total assets: ₹4,492.97 crore
  • Consolidated equity: ₹3,486.54 crore

Notes and Additional Information

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company primarily engaged in manufacturing of steel and allied products including pellet, sponge iron, ingots, TMT Bars
  • Other business activities (power generation and real estate) considered immaterial
  • Final dividend of ₹2 per equity share recommended for FY2026 and approved at AGM on September 30, 2026
  • Statutory auditors M/s Singhi & Co. performed limited review of financial results
  • Results reviewed by Audit Committee and approved by Board of Directors on October 19, 2026
  • Previous auditor's reports dated July 27, 2026, November 03, 2025 and May 05, 2026 expressed unmodified conclusions