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Awaiting price reaction for this filing.
Eastcoast Steel Limited has submitted copies of newspaper advertisements (Financial Express in English and Makkal Kural in Tamil) publishing its standalone audited financial results for the quarter and year ended 31st March 2026. For FY26, total income rose to Rs. 1,855.89 lakhs from Rs. 1,619.13 lakhs in FY25, and the company swung to a net profit of Rs. 57.67 lakhs after tax, compared to a loss of Rs. 15.32 lakhs in the previous year. Basic and diluted EPS for FY26 stood at Rs. 1.07 (vs. a loss of Rs. 0.28 in FY25). For Q4 FY26 alone, total income jumped sharply to Rs. 1,737.64 lakhs (vs. Rs. 346.94 lakhs in Q4 FY25), with a net profit of Rs. 30.38 lakhs and EPS of Rs. 0.56. The board approved the results on 29th May 2026.
Eastcoast Steel has returned to full-year profitability with strong revenue and profit growth, which is a positive signal for shareholders. The sharp jump in Q4 revenue and the swing to profit suggest improving business momentum, though investors should monitor sustainability of this performance.