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The sales slipped to Rs. 171.65 millions, down -38.41% for the March 2026 quarter as against Rs. 278.70 millions during the year-ago period.The Net Loss for the quarter ended March 2026 is Rs. -274.40 millions as compared to Net Loss of Rs. -189.72 millions of corresponding quarter ended March 2025Operating profit Margin for the quarter ended March 2026 slipped to -14.56% as compared to 48.54% of corresponding quarter ended March 2025


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202603 202503 % Var 202603 202503 % Var 202603 202503 % Var
Sales 171.65 278.70 -38.41 755.04 897.56 -15.88 755.04 897.56 -15.88
Other Income 2.85 0.01 28400.00 3.07 0.75 309.33 3.07 0.75 309.33
PBIDT -14.56 48.54 -130.00 63.08 217.03 -70.93 63.08 217.03 -70.93
Interest 187.79 169.37 10.88 732.19 660.38 10.87 732.19 660.38 10.87
PBDT -204.14 -119.59 70.70 -669.83 -442.07 51.52 -669.83 -442.07 51.52
Depreciation 70.26 70.13 0.19 284.59 284.33 0.09 284.59 284.33 0.09
PBT -274.40 -189.72 44.63 -954.42 -726.40 31.39 -954.42 -726.40 31.39
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -274.40 -189.72 44.63 -954.42 -726.40 31.39 -954.42 -726.40 31.39
Equity 394.95 394.95 0.00 394.95 394.95 0.00 394.95 394.95 0.00
PBIDTM(%) -8.48 17.42 -148.70 8.35 24.18 -65.45 8.35 24.18 -65.45
Peers
Company Name CMP
JSW Steel 1266.80
Tata Steel 186.15
Steel Authority 184.10
Jindal Stainless 748.10
APL Apollo Tubes 2182.95
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