Results - Announcements
Asi Industries Ltd share price fell 5.16% to Rs 22.06 after the company's net profit plunged by 64.03% to Rs 2.32 crore, while revenue from operations nosedived 40.42% to Rs 23.55 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Minerals industry group stocks on BSE stood at Rs 2.31 lakh crore, dropping 14.61%. It has eased by 3.56% over last one week and tumbled 15.81% in last one month while the market capitalization of Asi Industries Ltd has softened by 6.24% and 20.96% in the same period respectively.
Profit before tax (PBT) of Asi Industries Ltd stood at Rs 3.16 crore in Q3 FY26, plunging by 174.70% year-on-year, and nosediving by 62.20% quarter-on-quarter. EBITDA came in at Rs 5 crore, declining 6.59% YoY and crashing by 686.21% sequentially.
Total expenses slumped by 29.46% to Rs 24.9 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 5.65 crore, tanking by 36.94% YoY.
For the TTM ended FY26, revenue from operations inched higher 4.95% to Rs 238.03 crore, while net profit tanked by 571.73% to Rs 55.9 crore, compared to previous TTM. EBITDA jumped by 5811% to Rs 19.65 crore, and PBT collapsed by 483.30% to Rs 63.36 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 60.06 crore in FY26, as against Rs 29.87 crore in FY25.
Asi Industries Ltd crashed 30.32% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.