Steel City Securities' Q1 FY 2025-26 Quarterly Results

Result Summary

• Steel City Securities Ltd reported a 13.0% 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 8.5%.
• Its expenses for the quarter were down by 18.5% QoQ and 7.3% YoY.
• The net profit decreased 7.3% QoQ and decreased 3.8% YoY.
• The earnings per share (EPS) of Steel City Securities Ltd stood at 2.7 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
Steel City Securities Ltd is a company that operates within the financial services sector, focusing primarily on securities brokerage. The company provides a range of services that include stockbroking, depository participant services, and distribution of financial products. Steel City Securities Ltd is known for catering to retail investors, offering a comprehensive suite of investment solutions. As of the latest available data, there are no specific major developments or changes reported for the company. Any additional information about new products, changes in management, or strategic shifts is not available in the provided data.

## Revenue
For the first quarter of the fiscal year 2026 (Q1FY26), Steel City Securities Ltd reported a total income of ₹16.05 crores. This represents a decline when compared to the previous quarter (Q4FY25), where the total income was ₹18.44 crores, marking a quarter-over-quarter (QoQ) decrease of 13.0%. On a year-over-year (YoY) basis, total income decreased by 8.5% from ₹17.55 crores in Q1FY25. The decline in revenue on both a QoQ and YoY basis indicates a reduction in income generation for the company during this period. Specific factors contributing to these revenue changes are not detailed in the provided data.

## Profitability
In terms of profitability, Steel City Securities Ltd recorded a profit before tax of ₹5.04 crores in Q1FY26, which is a decrease of 10.3% from the previous quarter's profit before tax of ₹5.62 crores. Compared to the same quarter in the previous year, this figure represents a 6.1% decline from ₹5.37 crores in Q1FY25. After accounting for taxes, the profit after tax stood at ₹4.08 crores for Q1FY26, which is 7.3% lower than the profit after tax of ₹4.40 crores reported in Q4FY25. On a YoY basis, profit after tax decreased by 3.8% from ₹4.24 crores in Q1FY25. The company's tax expenses also saw a reduction, with a 6.6% QoQ decrease and a 13.5% YoY decrease.

## Operating Metrics
The earnings per share (EPS) for Steel City Securities Ltd in Q1FY26 was ₹2.70, down by 6.9% from the previous quarter's EPS of ₹2.90. Compared to the same period last year, the EPS showed a 3.6% decline from ₹2.80 in Q1FY25. Total expenses for the company in Q1FY26 amounted to ₹10.82 crores, reflecting a significant decrease of 18.5% from the previous quarter's expenses of ₹13.28 crores. On a YoY basis, expenses decreased by 7.3% from ₹11.67 crores in Q1FY25. These changes in expenses and EPS suggest variations in the company's cost management and profitability for the quarter. The data provided does not include information on other operating metrics such as debt-to-equity ratio or current ratio.