Vraj Iron & Steel's Q2 FY 2025-26 Quarterly Results

Result Summary

• Vraj Iron & Steel Ltd reported a 3.8% 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 52.1%.
• Its expenses for the quarter were down by 4.1% QoQ and up 65.4% YoY.
• The net profit increased 2.1% QoQ and decreased 24.7% YoY.
• The earnings per share (EPS) of Vraj Iron & Steel Ltd stood at 2.35 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

Vraj Iron & Steel Ltd is a company engaged in the iron and steel industry, focusing on the production and distribution of steel products. While specific details about the company's main products or services are not provided, it can be inferred that they are involved in the standard operations of the steel manufacturing sector. This industry typically includes the production of steel from iron ore and scrap, as well as the manufacturing of various steel products. There is no available information on recent major developments for the company, such as strategic initiatives or changes in leadership, based on the data provided.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Vraj Iron & Steel Ltd recorded a total income of ₹134.98 crores, reflecting a quarter-over-quarter (QoQ) decline of 3.8% from ₹140.34 crores in Q1FY26. However, compared to the same quarter last year (Q2FY25), there was a significant year-over-year (YoY) increase of 52.1%, rising from ₹88.74 crores. This suggests substantial revenue growth over the year, although there was a slight contraction from the previous quarter. The trends in total income indicate varying performance on a quarterly and annual basis.

Profitability

The company's profitability metrics show a stable performance in terms of profit before tax, remaining consistent at ₹9.79 crores in both Q2FY26 and Q1FY26, with no change recorded (0.0% QoQ). However, there was a YoY decrease of 24.9% from ₹13.04 crores in Q2FY25. The profit after tax for Q2FY26 was ₹7.75 crores, which marks a 2.1% increase QoQ from ₹7.59 crores in Q1FY26, but a 24.7% decline YoY from ₹10.29 crores in Q2FY25. The earnings per share (EPS) displayed a similar pattern, with a slight increase of 2.2% QoQ from ₹2.30 to ₹2.35, while experiencing a notable decrease of 34.2% YoY from ₹3.57 in Q2FY25.

Operating Metrics

The total expenses for Vraj Iron & Steel Ltd in Q2FY26 amounted to ₹125.18 crores, which is a 4.1% decrease QoQ from ₹130.54 crores in Q1FY26. On a YoY basis, there was a significant increase of 65.4% from ₹75.70 crores in Q2FY25. This indicates that while expenses have reduced slightly from the previous quarter, they have increased substantially compared to the same period last year. The tax expense for Q2FY26 was ₹2.61 crores, showing a 5.7% increase QoQ from ₹2.47 crores in Q1FY26, yet a decrease of 22.8% YoY from ₹3.38 crores in Q2FY25. These metrics provide insight into the company's operational costs and tax obligations over the reported periods.