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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Magnus Steel and Infra Ltd (formerly Magnus Retail Ltd) reported audited standalone results for FY26 ended March 31, 2026. Total income surged to Rs 2,257.97 lakhs from Rs 318.81 lakhs in FY25, representing over 600% revenue growth driven by a full year of steel/infra operations versus only partial-year retail operations in the prior year. Net profit jumped to Rs 450.55 lakhs from just Rs 5.67 lakhs, a near 80-fold increase. Q4 standalone revenue was Rs 713.64 lakhs with net profit of Rs 152.25 lakhs. Basic and diluted EPS stood at Rs 13.33 for FY26 versus Rs 0.17 in FY25. Statutory auditors M/s. Verma S & Associates issued a clean (unmodified) opinion on the financial results. Note: figures for corresponding prior periods have been restated/regrouped.
The company has turned around significantly from losses to profitability on the back of business transformation from retail to steel/infra. However, the explosive growth is partly due to the prior year being a partial period, making year-on-year comparisons less meaningful. The clean audit opinion provides some comfort despite negative operating cash flow.