Pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, the Stock exchange is being informed that the Board of Directors of Bajaj Steel Industries Limited, at the Board Meeting ....
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The Board of Bajaj Steel Industries met on February 11, 2026 and approved unaudited financial results for Q3 FY26 (Oct-Dec 2025) and 9M FY26 (Apr-Dec 2025). Standalone revenue from operations fell to ₹11,795.71 lakhs in Q3 FY26 from ₹13,095.75 lakhs in Q3 FY25, and 9M FY26 revenue declined to ₹36,138.30 lakhs from ₹38,387.48 lakhs in 9M FY25. Standalone net profit for Q3 FY26 was ₹671.01 lakhs (vs ₹1,274.95 lakhs year-ago), while 9M FY26 profit dropped sharply to ₹2,650.66 lakhs from ₹5,637.73 lakhs in 9M FY25, roughly halved. Consolidated 9M FY26 net profit was ₹3,458.65 lakhs (vs ₹6,627.06 lakhs), reflecting weaker performance. The limited review by B. Chhawchharia & Co. was unqualified, with no material misstatements flagged.
Sharply lower profits despite only a modest revenue decline suggest meaningful margin compression for shareholders to watch. The results indicate a tough quarter for the company, though there are no audit qualifications or going-concern flags.