Usha Martin's Q2 FY 2025-26 Quarterly Results

Result Summary

• Usha Martin Ltd reported a 3.1% 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 growth of 3.6%.
• Its expenses for the quarter were down by 1.3% QoQ and up 0.8% YoY.
• The net profit increased 8.9% QoQ and increased 0.4% YoY.
• The earnings per share (EPS) of Usha Martin Ltd stood at 3.61 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

Usha Martin Ltd is a leading company in the wire and wire rope industry. It is well-known for producing a wide range of products, including wire ropes, specialty wires, and related products. The company has a significant presence in the domestic market and exports to various countries, serving industries such as construction, mining, and oil & gas. While specific recent developments aren't mentioned here, Usha Martin has historically focused on innovation and expansion to strengthen its market position. The company operates manufacturing facilities equipped with advanced technology to ensure high-quality production standards.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Usha Martin Ltd reported total income of ₹930.22 crores. This reflects a quarter-over-quarter (QoQ) increase of 3.1% from ₹902.65 crores in Q1FY26 and a year-over-year (YoY) increase of 3.6% from ₹898.02 crores in Q2FY25. This growth in revenue suggests a positive trend in the company’s ability to generate income over both the quarter and year, demonstrating steady performance in its core business operations.

Profitability

The company's profit metrics show a notable performance in Q2FY26. The Profit Before Tax (PBT) was recorded at ₹162.91 crores, marking a QoQ increase of 30.2% from ₹125.13 crores in the previous quarter, and an 18.8% YoY increase from ₹137.16 crores in Q2FY25. After accounting for tax, the Profit After Tax (PAT) was ₹109.80 crores, up by 8.9% QoQ from ₹100.81 crores in Q1FY26 and 0.4% YoY from ₹109.31 crores in Q2FY25. The Earnings Per Share (EPS) reflected these profitability trends, standing at ₹3.61 in Q2FY26, which is a 9.1% QoQ increase from ₹3.31 in Q1FY26 and a 0.6% YoY increase from ₹3.59 in Q2FY25.

Operating Metrics

The total expenses for Usha Martin in Q2FY26 were ₹767.31 crores, showing a minor decrease of 1.3% QoQ from ₹777.52 crores in Q1FY26 and a slight increase of 0.8% YoY from ₹760.86 crores in Q2FY25. The reduction in expenses QoQ, coupled with the rise in total income, suggests improved operational efficiency within the quarter. The tax expense for Q2FY26 was ₹40.21 crores, which increased by 39.5% QoQ from ₹28.82 crores in Q1FY26 and 25.3% YoY from ₹32.10 crores in Q2FY25. These operational metrics indicate the company’s efforts in managing costs while navigating tax obligations effectively.