MSP Steel & Power's Q1 FY 2025-26 Quarterly Results

Result Summary

• MSP Steel & Power Ltd reported a 7.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 8.0%.
• Its expenses for the quarter were down by 9.5% QoQ and 9.6% YoY.
• The net profit increased 37.0% QoQ and increased 163.1% YoY.
• The earnings per share (EPS) of MSP Steel & Power Ltd stood at 0.3 during Q1 FY 2025-26.

Financial Statments for Q1 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

MSP Steel & Power Ltd is a prominent player in the steel and power industry, primarily dealing with the production and distribution of steel products and the generation of power. The company operates in an industry that is critical to infrastructure development and industrial growth. As of the data available, there are no specific recent major developments provided. However, MSP Steel & Power Ltd is known for its integrated steel plant operations, which include manufacturing processes such as sponge iron production, billet casting, and rolling mills. These operations are crucial for producing various steel products that cater to both domestic and international markets.

Revenue

During Q1FY26, MSP Steel & Power Ltd reported a total income of ₹711.40 crores, which reflects a decline when compared to both the previous quarter (Q4FY25) and the same quarter of the previous fiscal year (Q1FY25). The quarter-over-quarter (QoQ) decrease in total income was 7.1%, and the year-over-year (YoY) decrease was 8.0%. This decline in revenue indicates a reduction in the company's sales or service income over the specified periods. The total income figures highlight the company's revenue-generating capabilities and offer a perspective on how its operations performed over time.

Profitability

The profit before tax (PBT) for Q1FY26 stood at ₹21.53 crores, demonstrating a significant improvement compared to both Q4FY25 and Q1FY25. The PBT grew by 439.6% QoQ and 110.3% YoY. This increase in profitability before accounting for taxes highlights improved operational efficiency or cost management. The profit after tax (PAT) was ₹17.84 crores in Q1FY26, increasing by 37.0% QoQ and 163.1% YoY. Earnings per share (EPS) remained consistent at ₹0.30 compared to the previous quarter, with a notable 50.0% increase YoY. Collectively, these metrics provide insights into the company's profitability and shareholder value generation for the quarter.

Operating Metrics

The total expenses for MSP Steel & Power Ltd in Q1FY26 were ₹689.88 crores, which saw a reduction of 9.5% QoQ and 9.6% YoY. This decrease in expenses might have contributed to the improved profitability margins for the quarter. The tax expense for Q1FY26 was ₹3.69 crores, with a drastic change from the previous quarter where a negative tax amount was reported, suggesting a tax credit or refund situation in Q4FY25. The operating metrics demonstrate how expenses and tax obligations have been managed across different quarters, providing an understanding of the company's cost structure and tax liabilities. These figures play a crucial role in assessing operational efficiency and financial health.