Iron & Steel Products company BMW Industries announced Q1FY26 results Total Income stood at Rs 15,354 Lakh in Q1FY26, down 12.5% from Q1FY25 EBITDA stood at Rs 3,631 Lakh in Q1FY26, down 17.9% YoY. EBITDA Margin was at 23.6% PAT & PAT Margin stood at Rs 1,520 Lakh & 9.9% respectively in Q1FY26 Diluted EPS stood at Rs 0.67 in Q1FY26 Net Debt stood at Rs 16,438 Lakh in June 2025 as against Rs 12,077 Lakh in March 2025 Net Debt/EBITDA stood at 1.13 in June 2025 Ram Gopal Bansal, Chairman, BMW Industries said: “We are pleased to report that our key strategic initiatives are progressing well, with capacity expansion efforts firmly on track. Phase 1 of our Greenfield expansion is proceeding in line with expectations, and we remain on track to commence revenue generation from the Colour-Coated Sheet segment by Q4FY26. During the quarter, we successfully commissioned two additional Tube Mills and a 1.28 MW Rooftop Solar installation at our Jamshedpur facility. This has enhanced our Tube manufacturing capacity by 60,000 MT, taking the total to approximately 6,00,000 MT and reinforcing our commitment to capacity-led growth and sustainable operations. Total Income for Q1FY26 stood at Rs 15,354 lakhs, marking a 4.9% sequential and 12.5% year-on-year decline. This was primarily due to a one-time, 45-day shutdown undertaken by a key customer, resulting in a temporary volume drop, particularly in the CRM and Rolling Mill segments. EBITDA Margin stood at 23.6% compared to 25.2% in the same period last year. The 155-basis point year-on-year contraction was largely driven by transitory fixed-cost absorption on a lower revenue base. Profit After Tax stood at Rs 1,520 lakhs, with a PAT Margin of 9.9%. Despite the temporary impact, we believe the underlying fundamentals of our business remain robust. With customer operations stabilizing, we anticipate a recovery in volumes over the coming quarters. We remain firmly on course with our blended growth strategy, which leverages both our proprietary capacities and the upcoming Greenfield expansion. As we look ahead, our focus remains on disciplined execution, operational resilience, and unlocking long-term value through continued investments in capacity and capability.” Result PDF