Meenakshi Steel Industries Limited

Financial Results (Standalone)

Income Statement (Rs. in Lakhs):

  • Revenue From Operations: ₹471.94
  • Other Income: ₹6.19
  • Total Income: ₹478.13
  • Finance Costs: ₹4.64
  • Employee Benefit Expense: ₹438.54
  • Other Expenses: ₹3.43
  • Total Expenses: ₹446.61
  • Profit before Tax: ₹31.52
  • Tax Expenses: ₹(7.05) [Current Tax: ₹0, Deferred Tax: ₹0, Earlier Year Tax Adjustments: ₹0]
  • Net Profit After Tax: ₹24.47

Comprehensive Income:

  • Other Comprehensive Income: ₹199.01 [FV measurement on Investments: ₹199.01, Remeasurement of defined benefit plans: ₹0]
  • Total Comprehensive Income: ₹223.48

Comparative Performance:

  • Q1 FY2026 vs Q4 FY2026: Net profit improved from loss of ₹53.69 lakh to profit of ₹24.47 lakh
  • Q1 FY2026 vs Q1 FY2025: Net profit decreased from ₹54.27 lakh to ₹24.47 lakh
  • Total comprehensive income significantly improved from ₹(102.19) lakh in Q4 FY2026 to ₹223.48 lakh in Q1 FY2026

Capital Structure:

  • Paid-up equity share capital: ₹199.20 lakh (Face Value ₹10 per share)
  • Reserves excluding Revaluation Reserves: Not quantified for current quarter

Earnings Per Share:

  • Basic EPS (not annualized): ₹1.23
  • Comparative EPS: Q4 FY2026: ₹(2.70), Q1 FY2025: ₹2.72

Consolidated Results Additional Information

  • Includes results of Meenakshi Steel Industries Limited (Parent Company) and Sushree Trading Limited (Associate Company)
  • Share of loss from associate company: ₹2.60 lakh for the quarter ended June 30, 2026

Accounting and Regulatory Framework

  • Prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of Companies Act, 2013
  • Company primarily engaged in Finance & Investment activities with no separate reportable segments as per Ind AS 108
  • Figures for quarter ended March 31, 2026 represent balancing figures between audited annual figures and unaudited published figures up to nine months ended December 31, 2025
  • Previous periods' figures have been regrouped/rearranged where necessary

Auditor Review

  • Statutory Auditor: M/s VRSK & Co LLP
  • Limited review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Unmodified opinion issued on both standalone and consolidated financial results
  • Review does not constitute an audit opinion

Board Approval

  • Meeting held on August 7, 2026
  • Commenced at 2:00 PM, concluded at 1:25 PM
  • Managing Director: Shivangi A. Jogani (DIN: 08370325)