Prabhu Steel Industries Limited held a Board of Directors meeting on July 29, 2026, from 3:00 PM to 3:40 PM. The meeting was conducted pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Approval

The Board approved the standalone un-audited financial results for the quarter ended June 30, 2026 (Q1 FY27), along with the Limited Review Report after review by the Audit Committee.

Financial Highlights (₹ in Lakhs, except EPS):

  • Revenue from Operations: ₹499.11 (Q1 FY27) vs ₹480.61 (Q1 FY26) and ₹596.62 (Q4 FY26)
  • Other Income: ₹6.01 (Q1 FY27) vs ₹6.61 (Q1 FY26) and ₹25.18 (Q4 FY26)
  • Total Income: ₹505.12 (Q1 FY27) vs ₹487.22 (Q1 FY26) and ₹621.80 (Q4 FY26)
  • Purchase of Trading Stock: ₹265.73 (Q1 FY27) vs ₹549.34 (Q1 FY26) and ₹606.32 (Q4 FY26)
  • Changes in Inventories: ₹197.40 (Q1 FY27) vs (₹91.03) (Q1 FY26) and (₹85.20) (Q4 FY26)
  • Employee Benefits Expense: ₹1.32 (Q1 FY27) vs ₹0.66 (Q1 FY26) and ₹27.10 (Q4 FY26)
  • Finance Costs: ₹2.19 (Q1 FY27) vs ₹1.26 (Q1 FY26) and ₹3.78 (Q4 FY26)
  • Depreciation: ₹4.14 (Q1 FY27) vs ₹1.40 (Q1 FY26) and ₹5.32 (Q4 FY26)
  • Other Expenses: ₹12.50 (Q1 FY27) vs ₹13.83 (Q1 FY26) and ₹34.28 (Q4 FY26)
  • Profit Before Tax: ₹21.85 (Q1 FY27) vs ₹11.76 (Q1 FY26) and ₹30.19 (Q4 FY26)
  • Tax Expense: ₹5.50 (Current Tax: ₹5.06, Deferred Tax: ₹0.44) (Q1 FY27) vs ₹2.96 (Current Tax: ₹3.38, Deferred Tax: ₹0.42) (Q1 FY26) and ₹7.62 (Current Tax: ₹11.44, Deferred Tax: ₹3.82) (Q4 FY26)
  • Profit After Tax: ₹16.35 (Q1 FY27) vs ₹8.80 (Q1 FY26) and ₹22.57 (Q4 FY26)
  • Other Comprehensive Income: ₹0.08 (Q1 FY27) vs ₹0.00 (Q1 FY26) and (₹0.80) (Q4 FY26)
  • Total Comprehensive Income: ₹16.43 (Q1 FY27) vs ₹8.80 (Q1 FY26) and ₹21.77 (Q4 FY26)
  • Paid Up Equity Share Capital: ₹71.70 (Face Value ₹10 per share)
  • Basic & Diluted EPS: ₹2.28 (Q1 FY27) vs ₹1.23 (Q1 FY26) and ₹3.15 (Q4 FY26)

Management Changes

Resignation of CFO: The Board accepted the resignation of Ms. Akshita Agarwal from the position of Chief Financial Officer (CFO), effective from the close of working hours on July 29, 2026. The resignation was due to personal reasons, with no other material reasons disclosed. Her resignation letter was enclosed as Annexure II.

Appointment of New CFO: The Board approved the appointment of Ms. Vrutika Agrawal as Chief Financial Officer (CFO) of the Company effective from July 30, 2026, based on recommendations from the Nomination and Remuneration Committee. Her profile indicates she holds an M.Sc. in Finance (International Finance) with experience in financial management, accounting, financial reporting, budgeting, audit coordination, and regulatory compliance.