Results-Financial Results for March 31, 2026
ASHOKAMET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ashoka Metcast Ltd reported mixed results for FY2026. On a standalone basis, revenue grew 81% to Rs 326.18 lakh from Rs 179.78 lakh, but profit after tax declined sharply to Rs 50.20 lakh from Rs 239.01 lakh in the prior year. On a consolidated basis (including subsidiary Rhetan TMT Ltd), revenue declined 29% to Rs 2,770.25 lakh from Rs 3,896.26 lakh, but PAT grew 47% to Rs 1,079.98 lakh from Rs 733.92 lakh, driven by strong segment performance. Steel trading contributed Rs 2,716.74 lakh in consolidated revenue with segment profit of Rs 1,157.13 lakh. The auditors from GMCA & Co. issued an unmodified (clean) opinion on both standalone and consolidated results. Total comprehensive income for consolidated entities was Rs 1,513.21 lakh including Rs 433.23 lakh from other comprehensive income.
The company shows divergent standalone versus consolidated performance - standalone profitability declined significantly while consolidated profits grew strongly due to the subsidiary. The clean audit opinion provides comfort to shareholders. Revenue decline at consolidated level warrants monitoring.