Results - Announcements
Suraj Ltd share price softened by 1.39% to Rs 210.0 after the company's net profit eased 9.47% to Rs 3.25 crore, while revenue from operations increased sharply by 42.53% to Rs 55.63 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.26 lakh crore, rising 3.06%. It has inched up 1.15% over last one week and moving up by 12.29% in last one month while the market capitalization of Suraj Ltd has marginally improved by 4.98% and 5.66% in the same period respectively.
Profit before tax (PBT) of Suraj Ltd stood at Rs 4.49 crore in Q3 FY26, expanding by 205.44% year-on-year, and dropping 12.48% quarter-on-quarter. EBITDA came in at Rs 6 crore, surging by 159.84% YoY and advancing by 14.44% sequentially.
Total expenses soared by 49.46% to Rs 50.8 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 35.77 crore, witnessing a sharp rise of 48.42% YoY, while employee benefits expense was at Rs 5.17 crore, surging 16.44% YoY.
For the TTM ended FY26, revenue from operations declined by 11.93% to Rs 205.85 crore, while net profit tanked by 43.83% to Rs 7.47 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 1945% to Rs 10.05 crore, and PBT collapsed by 41.91% to Rs 10.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 17.27 crore in FY26, as against Rs 9.01 crore in FY25.
Suraj Ltd tumbled by 29.30% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.45% during the same period.