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Maithan Alloys Ltd consolidated sales down 3.51% on year in Q2FY2026, net profit tumbled by 659.88%
13-Aug-2026, 07:24
Maithan Alloys Ltd share price declined by 1.32% to Rs 992.4 after the company's net profit witnessed a sharp fall of 659.88% to Rs 395.72 crore, while revenue from operations eased by 3.51% to Rs 539.53 crore in Q2FY26 over Q1FY26. The market capitalization of Ferro & Silica Manganese industry group stocks on BSE stood at Rs 12344.12 crore, rising by 13.38%. It has softened by 1.08% over last one week and softened by 1.11% in last one month while the market capitalization of Maithan Alloys Ltd has marginally improved by 2.49% and 0.68% in the same period respectively. Profit before tax (PBT) of Maithan Alloys Ltd stood at Rs 497.82 crore in Q2 FY26, tanking 28.47% year-on-year, and nosediving by 788.36% quarter-on-quarter. EBITDA came in at Rs 326 crore, crashing by 44.07% YoY and tumbling by 223.02% sequentially. Total expenses slightly declined by 0.91% to Rs 454.33 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 289.32 crore, growing marginally by 2.10% YoY, while employee benefits expense was at Rs 17.11 crore, collapsing by 22.72% YoY. For the TTM ended FY26, revenue from operations inched higher 4.45% to Rs 1805.61 crore, while net profit saw a strong growth of 80.80% to Rs 630.91 crore, compared to previous TTM. EBITDA tanked by 24159% to Rs 544.32 crore, and PBT surged 89.63% to Rs 852.43 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 49.77 crore in FY26, as against Rs 408.78 crore in FY25. Maithan Alloys Ltd fell 6.38% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.