Announced Wed, 22 Jul · 16:21 IST
Magnus Steel Q1 FY27 net profit jumps nearly 5x to Rs 2.41 cr on revenue surge
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹49.57
prior close
₹52.03
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0—+10.2+15.7————————
Up moveDown movePending
AI summary
Magnus Steel and Infra reported Q1 FY27 standalone income of Rs 7.30 crore, up about 274 percent from Rs 1.95 crore in Q1 FY26. Net profit surged to Rs 2.41 crore from Rs 40.83 lakh, a rise of about 491 percent. EPS jumped to Rs 7.13 from Rs 1.21. No tax provision was made due to carried forward losses. Other equity remains negative at minus Rs 4.65 crore. Auditor Verma S and Associates gave an unqualified limited review.
Likely market impact
Sharp turnaround with revenue up about 3.7x and profit up 5x year on year, though accumulated losses keep equity negative.