• SENSEX 77,966.35
    -187.90 (--0.24%)
  • BANKNIFTY 57,885.85
    439.60 (+0.77%)
Back

Results - Announcements

Vraj Iron & Steel Ltd consolidated sales up 13.88% on year in Q2FY2026
12-Aug-2026, 08:06
Vraj Iron & Steel Ltd share price inched up 0.20% to Rs 125.2 after the company's net profit tumbled by 26.08% to Rs 11.51 crore, while revenue from operations gained 13.88% to Rs 193.83 crore in Q2FY26 over Q1FY26. The market capitalization of Sponge Iron industry group stocks on BSE stood at Rs 26451.48 crore, rising 9.59%. It has improved by 1.29% over last one week and softened by 0.62% in last one month while the market capitalization of Vraj Iron & Steel Ltd has eased by 2% and 3.54% in the same period respectively. Profit before tax (PBT) of Vraj Iron & Steel Ltd stood at Rs 14.79 crore in Q2 FY26, surging by 47.02% year-on-year, and nosediving by 29.97% quarter-on-quarter. EBITDA came in at Rs 18 crore, expanding by 63.45% YoY and plunging by 18.53% sequentially. Total expenses advancing by 19.14% to Rs 181.41 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 149.13 crore, increasing 15.19% YoY, while employee benefits expense was at Rs 3.92 crore, slipping by 6% YoY. For the TTM ended FY26, revenue from operations advanced 13.14% to Rs 475.03 crore, while net profit tanked by 23.20% to Rs 44.09 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 7316% to Rs 58.39 crore, and PBT plunged by 22.51% to Rs 58.82 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 13.64 crore in FY26, as against Rs 19.22 crore in FY25. Vraj Iron & Steel Ltd nosedived by 21.63% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.