Results - Announcements
Suraj Ltd share price remained flat to Rs 210.0 after the company's net profit slipped by 9.47% to Rs 3.25 crore, while revenue from operations gained significantly 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 4.77%. It has improved by 4.18% over last one week and heading higher by 12.56% in last one month while the market capitalization of Suraj Ltd has inched up 5% 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 retreating 12.48% quarter-on-quarter. EBITDA came in at Rs 6 crore, jumping 159.84% YoY and advancing by 14.44% sequentially.
Total expenses witnessed a sharp rise of 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, soaring 16.44% YoY.
For the TTM ended FY26, revenue from operations contracted by 11.93% to Rs 205.85 crore, while net profit tumbled 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 tanked 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 plunged by 26.64% in last one year, underperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.