Outcome of the Meeting of Board of Directors Held on Saturday, May 09, 2026 At 3:15 P.M.
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Prabhu Steel Industries Ltd reported strong financial turnaround for FY2026 ended March 31, 2026. Revenue from operations grew 34% to ₹1,688.27 Lakhs from ₹1,259.32 Lakhs in FY2025. The company posted Profit After Tax of ₹51.59 Lakhs, a significant recovery from a loss of ₹55.75 Lakhs in the previous year. EBITDA margin improved from approximately 3.6% to 5.1%. The Board also appointed M/s Shubham Bajhal and Associates as the new Internal Auditor for FY2026-27. The statutory auditor issued an unmodified (clean) opinion on the financial results. Cash flow from operations turned positive at ₹259.01 Lakhs compared to negative ₹218.10 Lakhs in FY2025. The company invested ₹158.64 Lakhs in a partnership firm during the year.
The company has delivered a strong turnaround with revenue growth and return to profitability, which should be positive for shareholders. The clean audit opinion and positive operating cash flow indicate improved financial health.