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Electrosteel Castings Ltd consolidated sales down 4.50% on year in Q2FY2026, net profit soared by 202.50%
07-Aug-2026, 05:35
Electrosteel Castings Ltd share price gained 0.33% to Rs 72.11 after the company's net profit jumped 202.50% to Rs 48.37 crore, while revenue from operations softened by 4.50% to Rs 1425.57 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.32 lakh crore, easing 4.31%. It has marginally improved by 3.76% over last one week and ticked higher by 1.91% in last one month while the market capitalization of Electrosteel Castings Ltd has inched up 1.89% and 21.79% in the same period respectively. Profit before tax (PBT) of Electrosteel Castings Ltd stood at Rs 68.65 crore in Q2 FY26, tumbling by 43.36% year-on-year, and jumping 202.96% quarter-on-quarter. EBITDA came in at Rs 61 crore, nosediving by 57.29% YoY and surging by 149.94% sequentially. Total expenses slightly declined by 7.21% to Rs 1368.97 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 710.3 crore, softening by 2.83% YoY, while employee benefits expense was at Rs 157.51 crore, dipping slightly 0.62% YoY. For the TTM ended FY26, revenue from operations eased 2.11% to Rs 7319.97 crore, while net profit slipped by 4.11% to Rs 709.71 crore, compared to previous TTM. EBITDA surged by 109270% to Rs 912.66 crore, and PBT dipped slightly 8.66% to Rs 856.12 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 480.45 crore in FY26, as against Rs 802.9 crore in FY25. Electrosteel Castings Ltd crashed 33.26% in last one year, underperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.
Electrosteel Castings Ltd share price gained 0.33% to Rs 72.11 after the company's net profit jumped 202.50% to Rs 48.37 crore, while revenue from operations softened by 4.50% to Rs 1425.57 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.32 lakh crore, easing 4.31%. It has marginally improved by 3.76% over last one week and ticked higher by 1.91% in last one month while the market capitalization of Electrosteel Castings Ltd has inched up 1.89% and 21.79% in the same period respectively. Profit before tax (PBT) of Electrosteel Castings Ltd stood at Rs 68.65 crore in Q2 FY26, tumbling by 43.36% year-on-year, and jumping 202.96% quarter-on-quarter. EBITDA came in at Rs 61 crore, nosediving by 57.29% YoY and surging by 149.94% sequentially. Total expenses slightly declined by 7.21% to Rs 1368.97 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 710.3 crore, softening by 2.83% YoY, while employee benefits expense was at Rs 157.51 crore, dipping slightly 0.62% YoY. For the TTM ended FY26, revenue from operations eased 2.11% to Rs 7319.97 crore, while net profit slipped by 4.11% to Rs 709.71 crore, compared to previous TTM. EBITDA surged by 109270% to Rs 912.66 crore, and PBT dipped slightly 8.66% to Rs 856.12 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 480.45 crore in FY26, as against Rs 802.9 crore in FY25. Electrosteel Castings Ltd crashed 33.26% in last one year, underperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.