Kalyani Steels' Q2 FY 2025-26 Quarterly Results

Result Summary

• Kalyani Steels Ltd reported a 2.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 7.1%.
• Its expenses for the quarter were up by 3.4% QoQ and down 7.0% YoY.
• The net profit increased 1.4% QoQ and decreased 7.2% YoY.
• The earnings per share (EPS) of Kalyani Steels Ltd stood at 14.33 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kalyani Steels Ltd is a prominent player in the steel industry, known for its production and supply of high-quality steel products. The company primarily focuses on manufacturing and selling forged and rolled products, catering to various sectors such as automotive, engineering, energy, and construction. Kalyani Steels operates in a highly competitive and dynamic market, where it serves both domestic and international clients. As of the last update in October 2023, there are no specific recent major developments available about the company.

Revenue

For the quarter ending Q2FY26, Kalyani Steels Ltd reported a total income of ₹471.22 crores, marking a 2.9% increase from the previous quarter (Q1FY26), which stood at ₹458.00 crores. However, when compared to the same quarter of the previous year (Q2FY25), where the total income was ₹507.01 crores, there is a decrease of 7.1%. These fluctuations in revenue can be attributed to various market conditions and demand fluctuations within the steel industry. The YoY decline reflects the challenges faced over the past year, while the QoQ growth indicates some recovery or seasonal demand.

Profitability

In terms of profitability, Kalyani Steels Ltd recorded a profit before tax of ₹83.72 crores for Q2FY26, representing a slight increase of 0.8% from Q1FY26's ₹83.07 crores. This figure, however, shows a decrease of 7.3% when compared to Q2FY25's profit before tax of ₹90.32 crores. The profit after tax for Q2FY26 was ₹62.54 crores, which is 1.4% higher than the previous quarter's ₹61.68 crores, yet 7.2% lower than the same quarter last year's ₹67.38 crores. The earnings per share in Q2FY26 were ₹14.33, showing a similar trend with a 1.4% increase from Q1FY26 and a 7.2% decrease from Q2FY25.

Operating Metrics

The total expenses for Q2FY26 amounted to ₹387.50 crores, showing a QoQ increase of 3.4% from Q1FY26's ₹374.92 crores, but a YoY decrease of 7.0% from Q2FY25's ₹416.68 crores. The tax expenses for the quarter were ₹21.18 crores, slightly lower by 1.0% compared to Q1FY26's ₹21.39 crores, and down by 7.7% from Q2FY25's ₹22.94 crores. These financial metrics provide insight into the company's cost management and tax strategy over the observed periods. The overall financial data reflects the company's operational adjustments in response to prevailing economic and market conditions.