Iron & Steel Products company Shankara Building Products announced Q1FY26 results Revenue stood at Rs 1,644 crore up 27% YoY EBITDA Margins stood at 3.58% PAT stood at Rs 32 crore up 102% YoY Sukumar Srinivas, Managing Director, Shankara Building Products, said: “Shankara has begun FY26 with strong momentum in its core steel marketplace business, achieving volume growth of 35% YoY. The company delivered its highest-ever Q1 volumes at 2.38 lakh tonnes, building on prior years’ successes and is now well positioned to exceed the 1 million tonne milestone in FY26. Profitability saw significant improvement this quarter, with EBITDA and PAT registering 43% and 102% growth, respectively. Q1FY26 marked the company’s most profitable quarter to date. Industry headwinds & tepidness across the building materials sector have subdued growth in the non-steel marketplace business, leading to tapering of growth rates in recent quarters. Nonetheless, Shankara remains focused on strengthening its core categories, including CP & Sanitaryware and PVC Pipes & Fittings. Progress on the company’s proposed demerger slowed during the last quarter due to delays in receiving the final NCLT order, but we remain hopeful for approval in the coming month. FY26 is set to be a defining year in Shankara’s journey.” Result PDF