Iron & Steel Products company Prakash Industries announced Q2FY26 results During the quarter, the company has achieved Net Sales of Rs 723 crore and Operating Profit of Rs 108 crore. Profit after Tax for the quarter is Rs 62 crore against Rs 90 crore during Q2FY25. Further, during the quarter, the Company extracted ~1.97 lakh MT of coal from its Bhaskarpara Commercial Coal Mine out of which 0.03 lakh MT of coal was sold and the balance quantity was captively used in steel making at its integrated steel plant at Champa. Due to prolonged monsoons, the Company had lower coal extraction during the quarter. However, the Company is hopeful of achieving the coal extraction target of > 1 million tonnes in the current financial year. Result PDF
Iron & Steel Products company Prakash Industries announced Q1FY26 results Net Sales of Rs 1,037 crore as against Rs 1,167 crore in the Q1FY25. Operating Profit for the quarter increased to Rs 138 crore as against Rs 132 crore resulting in higher operating margin of 13% from 11% in Q1FY25. Profit after Tax also increased to Rs 91 crore as against Rs 90 crore in Q1FY25. Result PDF
Iron & Steel Products company Prakash Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations stood at Rs 844 crore for Q4FY25 compared to Rs 890 crore for Q4FY24 PAT stood at Rs 90 crore for Q4FY25 compared to Rs 88 crore for Q4FY24 FY25 Financial Highlights: The company has achieved Net Sales of Rs 4,014 crore and Operating Profit of Rs 520 crore, reflecting growth of 9% and 5% respectively over the previous financial year Profit after Tax also increased to Rs 355 crore as against Rs 348 crore in the previous financial year. However, Profit after Tax of Rs 348 crore in the previous financial year included profit of Rs 37 crore from sale of some assets. Result PDF
Iron & Steel Products company Prakash Industries announced Q3FY25 results Net Sales of Rs 926 crore as against Rs 885 crore in the Q3FY24. Operating Profit for Q3FY25 increased to Rs 125 crore as against Rs 123 crore in the Q3FY24. Profit after Tax also increased to Rs 84 crore as against Rs 81 crore in Q3FY24. Result PDF
Iron & Steel Products company Prakash Industries announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Net Sales of Rs 1,077 crore as against Rs 889 crore in the Q2FY24 registering growth of 21%. Operating Profit for the quarter increased to Rs 131 crore as against Rs 128 crore of the Q2FY24. Profit after Tax increased to Rs 90 crore as against Rs 89 crore in the Q2FY24. Profit after Tax of Rs 89 crore in the Q2FY24 included profit of the Rs 11 crore from sale of some assets. H1FY25 Financial Highlights: Net Sales of Rs 2,244 crore as against Rs 1,902 crore in the H1FY24 registering growth of 18%. Operating Profit for the period increased to Rs 263 crore as against Rs 246 crore in the H1FY24 registering growth of 7%. Profit after Tax increased to Rs 181 crore as against Rs 179 crore in the H1FY24. Profit after Tax of Rs 179 crore in the H1FY24 included profit of Rs 35 crore from sale of some assets. Result PDF
Iron & Steel Products company Prakash Industries announced Q1FY25 results: Company has achieved Net Sales of Rs 1,167 crore as against Rs 1,013 crore in the corresponding quarter of the last financial year registering growth of 15%. Operating Profit for the quarter increased to Rs 132 crore as against Rs118 crore in the corresponding quarter of the last financial year registering growth of 12%. Profit after Tax increased to Rs 90 crore as against Rs 89 crore in the corresponding quarter of the last financial year. However, Profit after Tax of Rs 89 crore in the corresponding quarter of the last financial year included profit of Rs 24 crore from sale of some assets. Further, during the quarter, the Company has achieved sales volume growth of 19% over the corresponding quarter of last financial year. Going forward, the Company expects further higher volume growth in the ensuing quarters due to push in demand from infrastructure, construction and other key sectors. Result PDF
Iron & Steel Products company Prakash Industries announced FY24 results: During the year, the Company has achieved Net Sales of Rs 3,678 crore and EBITDA of Rs 556 crore, reflecting growth of 7% and 31 % respectively over the previous financial year. Profit after Tax for the year also grew by 83% to Rs 348 crore. EBITDA for the year includes profit of Rs 37 crore from sale of some assets. Further, during FY24, the Company has achieved sales volume growth of 20% over the last financial year. The operating margin also grew from 12.0% to 13.4% owing to softening of raw material prices and operational efficiencies. Keeping in view the strong financial results, the Board of Directors of the Company recommends a dividend of Rs 1.20 per Equity Share of Rs 10 each. Result PDF