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Beekay Steel Industries Ltd consolidated sales up 10.66% on year in Q2FY2026
11-Aug-2026, 09:51
Beekay Steel Industries Ltd share price gained 3.45% to Rs 402.0 after the company's net profit tumbled by 289.86% to Rs 37.84 crore, while revenue from operations increased 10.66% to Rs 374.71 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.21 lakh crore, gaining 0.85%. It has inched up 0.57% over last one week and moved up slightly by 4.71% in last one month while the market capitalization of Beekay Steel Industries Ltd has improved by 0.25% and 5.20% in the same period respectively. Profit before tax (PBT) of Beekay Steel Industries Ltd stood at Rs 47.16 crore in Q2 FY26, surging by 32.21% year-on-year, and tumbling by 402.50% quarter-on-quarter. EBITDA came in at Rs 17 crore, plunging by 227.90% YoY and tanking 61.82% sequentially. Total expenses saw a slight increase of 5.22% to Rs 344.85 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 232.31 crore, increasing 18.49% YoY, while employee benefits expense was at Rs 16.67 crore, tanking by 25.61% YoY. For the TTM ended FY26, revenue from operations inched higher 7.58% to Rs 1076.35 crore, while net profit tanked by 32.56% to Rs 87.31 crore, compared to previous TTM. EBITDA surged by 9346% to Rs 84.83 crore, and PBT collapsed by 24.64% to Rs 110.45 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 146.91 crore in FY26, as against Rs 129.23 crore in FY25. Beekay Steel Industries Ltd nosedived by 21.18% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.56% during the same period.