Company Disclosure
Financial Results Summary
Standalone Financial Results (Quarter Ended June 30, 2026)
- Revenue from Operations: ₹1,938.29 million (compared to ₹1,383.08 million in Q1 FY26)
- Total Income: ₹1,954.17 million (₹1,403.38 million in Q1 FY26)
- Profit Before Tax: ₹130.09 million (₹97.92 million in Q1 FY26)
- Total Tax Expense: ₹32.79 million (₹24.66 million in Q1 FY26)
- Profit After Tax: ₹97.30 million (₹73.26 million in Q1 FY26)
- Earnings Per Share (Basic): ₹2.95 (₹2.22 in Q1 FY26)
Consolidated Financial Results (Quarter Ended June 30, 2026)
- Profit After Tax: ₹115.12 million
- Total Comprehensive Income: ₹115.12 million
- Share of Profit from Associates: ₹17.82 million (from Vraj Metaliks Private Limited)
Comparative Financial Performance
Year Ended March 31, 2026 (Audited):
- Standalone Revenue: ₹5,879.24 million
- Standalone Profit After Tax: ₹295.27 million
- Standalone EPS: ₹8.95
Board Meeting Details
- Meeting Date: August 12, 2026
- Commencement Time: 03:15 PM
- Conclusion Time: 05:10 PM
- Approvals Granted:
1. Unaudited standalone and consolidated financial results for quarter ended June 30, 2026
2. 22nd Annual General Meeting date and mode
3. Reappointment of directors
Annual General Meeting
- 22nd AGM Date: Saturday, September 12, 2026
- Mode: Physical mode (as per MCA and SEBI circulars)
- Notice: To be circulated to members in due course
Director Appointments
Mr. Prasant Kumar Mohta (DIN: 06668452)
- Reappointment as director who retires by rotation
- Eligible and offers himself for re-appointment
- Over two decades of experience in Iron and Steel Industry
- Oversees raw material management and statutory compliances (Indian Bureau of Mines & Mining Department)
- Not related to any other Directors/KMPs
- Not debarred from holding director office
Mr. Praveen Somani (DIN: 09297084)
- Proposed reappointment as Whole-Time Director
- Term: 5 years effective September 07, 2026 to September 06, 2031
- Subject to shareholder approval at ensuing AGM
- One decade of experience in manufacturing operations, particularly in Sponge Iron segment
- Oversees Bilaspur Division integrated steel plant capacity and operational efficiency
- Not related to any other Directors/KMPs
- Not debarred from holding director office
Auditor Review
- Auditor: Amitabh Agrawal & Co. (FRN: 006620C)
- Review Type: Limited review of standalone and consolidated financial results
- Report Date: August 12, 2026
- Conclusion: Unmodified reports issued - no material misstatements found
- Accounting Standards: Prepared in accordance with Indian Accounting Standards (Ind AS)
- Associate Company: Vraj Metaliks Private Limited consolidated under equity method (Ind AS 28)
Additional Information
- Company has only one reportable operating segment (steel products manufacturing)
- Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published nine-month figures
- Results available on www.vrajtmt.in, www.bseindia.com, and www.nseindia.com