Announced Fri, 6 Feb · 16:42 IST

Unaudited Quarterly Results for the quarter ended 31st december, 2025

Revenue DeclineResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashirwad Steels & Industries filed its Q3 FY26 and 9M FY26 unaudited results. Total income from operations for 9M FY26 was about ₹292.49 lakhs versus ₹309.73 lakhs in 9M FY25, a YoY decline of roughly 6%. Net profit after tax for 9M FY26 stood near ₹215.90 lakhs compared to about ₹229.66 lakhs in the prior year period. Q3 FY26 standalone revenue was ₹52.59 lakhs, sharply lower than the ₹95.45 lakhs reported in Q3 FY25, indicating a significant sequential and YoY slowdown. The company disclosed it is now engaged only in the business of lending and investments, with no trading or industrial operations. Statutory auditor G.K. Chandak & Co. issued a clean, unqualified limited review report with no qualifications or emphasis of matter. EPS for 9M FY26 was ₹1.21 on a paid-up equity capital of ₹1,250 lakhs (face value ₹10).

Likely market impact

Mild YoY decline in both revenue and profit, with a sharper Q3 dip, may weigh on sentiment, though the clean audit and small base limit downside. Investors should note the company has effectively transitioned into a lending/investment entity with limited operational disclosures.