Mahamaya Steel Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Mahamaya Steel Industries Ltd reported a 8.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 21.9%.
• Its expenses for the quarter were down by 9.1% QoQ and up 20.8% YoY.
• The net profit increased 8.0% QoQ and increased 717.4% YoY.
• The earnings per share (EPS) of Mahamaya Steel Industries Ltd stood at 1.15 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

Mahamaya Steel Industries Ltd is a company primarily engaged in the steel manufacturing sector. The company is known for producing a variety of steel products, catering to both domestic and international markets. It operates within the broader metals and mining industry, a sector characterized by its cyclical nature and dependence on global economic conditions. As of the latest data available, specific recent developments or strategic initiatives undertaken by the company are not provided. However, companies in this sector often focus on optimizing production efficiency, expanding market reach, and adapting to fluctuating raw material costs.

Revenue

In the second quarter of fiscal year 2026, Mahamaya Steel Industries Ltd reported total income of ₹188.73 crores. This represents a decrease of 8.9% from the previous quarter, Q1 FY26, where the total income was ₹207.12 crores. However, compared to the same quarter in the previous year (Q2 FY25), the total income increased by 21.9% from ₹154.87 crores. This year-over-year growth indicates an increase in revenue generation compared to the previous year, despite the sequential decline from the last quarter.

Profitability

The profitability of Mahamaya Steel Industries Ltd shows varied dynamics. The company achieved a profit before tax of ₹1.92 crores in Q2 FY26, which is a decrease of 14.7% compared to the previous quarter's profit before tax of ₹2.25 crores. However, this figure represents a significant year-over-year growth of 357.1% compared to Q2 FY25, where the profit before tax was ₹0.42 crores. The profit after tax for Q2 FY26 was ₹1.88 crores, marking an 8.0% increase from the previous quarter. Year-over-year, the profit after tax grew by an impressive 717.4% from ₹0.23 crores in Q2 FY25. Earnings per share (EPS) for Q2 FY26 stood at ₹1.15, which is 8.5% higher than the previous quarter and 721.4% higher than a year ago.

Operating Metrics

The company's total expenses for Q2 FY26 were ₹186.86 crores, reflecting a decrease of 9.1% from the previous quarter's expenses of ₹205.50 crores. In comparison to Q2 FY25, total expenses increased by 20.8% from ₹154.73 crores. The tax for Q2 FY26 was ₹0.52 crores, a decrease of 11.9% from the previous quarter's tax amount of ₹0.59 crores, yet marking a year-over-year increase of 147.6% from ₹0.21 crores in Q2 FY25. These figures highlight the company's efforts in managing expenses and tax liabilities in line with its revenue and profit performances. The significant year-over-year growth in profit metrics suggests a strong improvement in the company's operational efficiency and financial management compared to the previous year.