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Zenith Steel Pipes & Industries Ltd consolidated sales down 36.40% on year in Q2FY2026, net profit witnessed a sharp fall of 68.35%
14-Aug-2026, 10:34
Zenith Steel Pipes & Industries Ltd share price gained 3.44% to Rs 5.72. The Company's net profit plunged by 68.35% to Rs 0.44 crore, while revenue from operations nosedived 36.40% to Rs 7.18 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.17 lakh crore, slipping 0.41%. It has inched up 0.13% over last one week and moved up slightly by 6.92% in last one month while the market capitalization of Zenith Steel Pipes & Industries Ltd has improved by 6.52% and 4.35% in the same period respectively. Profit before tax (PBT) of Zenith Steel Pipes & Industries Ltd stood at Rs 0.44 crore in Q2 FY26, tanking 54.17% year-on-year, and tumbling by 68.35% quarter-on-quarter. EBITDA came in at Rs 2 crore, crashing by 83.87% YoY and nosediving by 72.21% sequentially. Total expenses saw a steep drop of 45.89% to Rs 7.77 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3.03 crore, softening by 5.31% YoY, while employee benefits expense was at Rs 1.12 crore, plunging by 25.33% YoY. For the TTM ended FY26, revenue from operations declined by 16.85% to Rs 119.09 crore, while net profit tanked by 204.35% to Rs 0.48 crore, compared to previous TTM. EBITDA tumbled by 719% to Rs 15.41 crore, and PBT collapsed by 204.35% to Rs 0.48 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3.94 crore in FY26, as against Rs 4.74 crore in FY25. Zenith Steel Pipes & Industries Ltd nosedived by 28.41% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.