Iron & Steel Products company Prakash Industries announced Q1FY27 results Financial Highlights: The company reported Revenue from Operations of Rs 1,03,200 lakh in Q1FY27, reflecting a decrease of 0.49% from Rs 1,03,708 lakh in Q1FY26 and an increase of 12.19% from Rs 91,987 lakh in Q4FY26. Other Income for Q1FY27 stood at Rs 668 lakh, compared to Rs 582 lakh in Q1FY26 and Rs 614 lakh in Q4FY26. The Total Income for Q1FY27 reached Rs 1,03,868 lakh, representing a decrease of 0.40% YoY from Rs 1,04,290 lakh and an increase of 12.17% QoQ from Rs 92,601 lakh. Profit Before Tax for Q1FY27 was Rs 9,274 lakh, marking a YoY increase of 1.47% from Rs 9,140 lakh and a QoQ decrease of 0.62% from Rs 9,332 lakh. The Net Profit for Q1FY27 stood at Rs 7,127 lakh, showing a YoY decrease of 22.02% from Rs 9,140 lakh and a QoQ decrease of 23.63% from Rs 9,332 lakh. Total Comprehensive Income for the period Q1FY27 was Rs 6,912 lakh, compared to Rs 8,931 lakh in Q1FY26 and Rs 9,726 lakh in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 3.98, compared to Rs 5.10 in Q1FY26 and Rs 5.21 in Q4FY26. Business Highlights: Coal Mine Extraction: During Q1FY27, the company extracted approximately 3.3 lakh MT of coal from its Bhaskarpara Coal Mine. The extraction target for the current financial year is set at 1.2 million tonnes. Capacity Expansion: The Ministry of Environment, Forest and Climate Change granted Environmental Clearance on June 12, 2026, to increase the production capacity of the Bhaskarpara Coal Mine from 1.0 MTPA to 1.2 MTPA. New Tax Regime: The company opted for the new tax regime under the Income Tax Act, 2025, with effect from April 1, 2026. Consequently, tax exemptions under section 80-IA of the Income Tax Act are no longer available, leading to the calculation of current and deferred tax for Q1FY27. Deferred Tax Adjustment: A deferred tax liability of Rs 165 lakh for Q1FY27 was adjusted against the Securities Premium Account in accordance with a court order. Restructuring and Divestment (FY26): During the previous year, the company transferred certain business units to its wholly owned subsidiaries (Prakash Engineering Private Limited and Prakash Ascast Private Limited) for a total consideration of Rs 29,268 lakh. Additionally, the sale of assets of the Peenya plant was completed for Rs 6,100 lakh, resulting in a gain of Rs 3,401 lakh recognized in FY26. Result PDF
Iron & Steel Products company Prakash Industries announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Total Income: The company reported a total income of Rs 92,601 lakh for Q4FY26, compared to Rs 85,145 lakh in the corresponding quarter of the previous year (YoY). Profit After Tax: The profit after tax was Rs 9,332 lakh for Q4FY26, compared to Rs 9,083 lakh in Q4FY25 (YoY) and Rs 8,685 lakh in the preceding quarter (QoQ). Earnings Per Share (EPS): The basic and diluted EPS (after exceptional items) stood at Rs 5.21 for Q4FY26, compared to Rs 5.07 in Q4FY25 and Rs 4.85 in the preceding quarter (Q3FY26). FY26 Financial Highlights: Total Income: Total income for FY26 was Rs 3,50,812 lakh, compared to Rs 4,03,982 lakh in FY25. Profit After Tax: Profit after tax for FY26 was Rs 33,314 lakh, compared to Rs 35,545 lakh in FY25. Earnings Per Share (EPS): The basic and diluted EPS (after exceptional items) for FY26 was Rs 18.60, compared to Rs 19.85 in FY25. Dividend: The Board of Directors has recommended a dividend of Rs 1.80 per equity share of Rs 10 each for the financial year ended 31st March, 2026, subject to approval by shareholders. Business Highlights: Segment-wise Performance: The company operates in only one reportable segment, which is "Iron & Steel". Operational Updates: The company extracted approximately 2.68 lakh MT of coal during the quarter from its Bhaskarpara Coal Mine. The company achieved its targeted extraction of approximately 1 million MT of coal in FY26. The company is in the process of enhancing its mining plan for the Bhaskarpara Coal Mine from 1 million MT per annum to 1.2 million MT per annum. Result PDF
Iron & Steel Products company Prakash Industries announced Q3FY26 results Company has achieved Net Sales of Rs 799 crore for Q3FY26. EBITDA of Rs 136 crore for Q3FY26. Profit after Tax for the quarter increased to Rs 87 crore as against Rs 84 crore in Q3FY25. Result PDF
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