Outcome of Board Meeting held inter-alia, to approve the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 30th June, 2025.
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Bengal Steel Industries' Board, at its meeting on August 1, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs. 15.00 lakhs from Rs. 12.00 lakhs in Q1 FY25, a 25% increase. Total expenses fell sharply to Rs. 8.40 lakhs from Rs. 20.91 lakhs a year ago, mainly due to lower 'other expenses'. The company swung back to profit with a standalone net profit of Rs. 5.57 lakhs (EPS Rs. 0.11) versus a loss of Rs. 8.91 lakhs (EPS Rs. -0.18) in the year-ago quarter. Consolidated results followed a similar trend with net profit of Rs. 5.45 lakhs versus a loss of Rs. 9.13 lakhs, including its subsidiary Tamil Nadu Alkaline Batteries Limited (unreviewed by auditors but described as immaterial). The statutory auditors issued an unqualified limited review report with no qualifications or emphasis of matter.
Positive turnaround — the company returned to profitability in Q1 FY26 after a year-ago loss, supported by both revenue growth and significantly lower costs. However, the scale remains very small (quarterly revenue of just Rs. 15 lakhs), so this is a modest operational improvement rather than a major earnings event for shareholders.