Mukand's Q1 FY 2025-26 Quarterly Results

Result Summary

• Mukand Ltd reported a 6.1% 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 7.5%.
• Its expenses for the quarter were down by 5.9% QoQ and 8.2% YoY.
• The net profit decreased 0.2% QoQ and increased 19.3% YoY.
• The earnings per share (EPS) of Mukand Ltd stood at 2 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

Mukand Ltd is a well-established company that operates primarily in the steel manufacturing sector. The company's core business involves the production and sale of specialty steel long products and heavy machinery. Mukand Ltd has a significant presence in the Indian market and is known for its engineering and industrial capabilities. Although specific recent developments were not provided in the data, Mukand Ltd continues to focus on enhancing its production efficiency and expanding its market reach. The company is part of the larger Bajaj Group, which is a prominent conglomerate in India.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Mukand Ltd reported a total income of ₹1167.39 crores. This represents a decrease of 6.1% compared to the fourth quarter of the fiscal year 2025 (Q4FY25), where the total income was ₹1243.08 crores. Additionally, when compared to the first quarter of the fiscal year 2025 (Q1FY25), where the total income was ₹1262.02 crores, there is a year-over-year decline of 7.5%. These metrics illustrate the changes in revenue generation over the specified periods, highlighting a downward trend in total income both quarterly and annually.

Profitability

The company's profitability in Q1FY26 is reflected in a profit before tax of ₹37.67 crores. This figure shows a decrease of 12.5% from Q4FY25, where the profit before tax was ₹43.05 crores. However, when compared to Q1FY25, where the profit before tax was ₹31.66 crores, there is a year-over-year increase of 19.0%. The tax expense for Q1FY26 amounted to ₹8.64 crores, which is a significant reduction of 38.1% from Q4FY25's ₹13.96 crores, and an increase of 17.9% when compared to Q1FY25's ₹7.33 crores. The profit after tax for Q1FY26 was ₹29.03 crores, showing a marginal decrease of 0.2% from Q4FY25's ₹29.09 crores but an increase of 19.3% compared to Q1FY25's ₹24.33 crores. Earnings per share remained constant at ₹2.00 from Q4FY25 but increased by 17.6% from Q1FY25's ₹1.70.

Operating Metrics

Mukand Ltd's operating metrics for Q1FY26 reveal total expenses of ₹1129.72 crores, marking a 5.9% decrease from the Q4FY25 total expenses of ₹1200.03 crores. This also indicates an 8.2% reduction compared to Q1FY25's total expenses of ₹1230.36 crores. These changes suggest effective cost management over the past quarters. The ratio of profit after tax to total income for Q1FY26 stands at approximately 2.49%, compared to 2.34% in Q4FY25, indicating a slight improvement in profit margins. The company's earnings per share have remained stable at ₹2.00 from the previous quarter, with a notable year-over-year increase from ₹1.70 in Q1FY25, reflecting improved profitability on a per-share basis.