Standalone & Consolidated Fiancials for the quarter ended 30th June,2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company reported standalone revenue of Rs. 769.45 lakhs for Q1 FY26, up from nil in Q1 FY25, reflecting a complete shift in business operations (the firm was recently renamed from Indian Bright Steel Co. Ltd). Standalone profit after tax swung to Rs. 7.39 lakhs from a loss of Rs. 17.26 lakhs year-on-year, with EPS of Rs. 0.02. On a consolidated basis, including subsidiary NAE Mobility Pvt Ltd (which contributed Rs. 0.30 lakh revenue and a Rs. 0.63 lakh loss), PAT came in at Rs. 6.76 lakhs versus a Rs. 17.26 lakh loss a year ago. The statutory auditor, R. Bhargava & Associates, issued an unqualified limited review report with no qualifications or emphasis of matter. The board also approved the 64th AGM for 26 September 2025 at 12:30 PM in Mumbai.
The sharp revenue and profit turnaround is driven by a business-model change rather than organic growth, so it should be read with caution. Absolute profits are very small versus the equity base of Rs. 4,049 lakhs, indicating the new mobility business is at an early stage. Investors should watch for sustained revenue momentum and margin improvement in coming quarters before drawing strong conclusions.