Submission of newspaper Advertisement - Audited Standalone Financial Results for the quarter and year ended March 31, 2026
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Awaiting price reaction for this filing.
Prabhu Steel Industries reported strong recovery with FY2026 net profit of Rs. 51.59 Lakhs, compared to a net loss of Rs. 55.75 Lakhs in FY2025. Total income from operations grew 34% to Rs. 1,688.27 Lakhs from Rs. 1,259.32 Lakhs year-over-year. For Q4 FY2026, the company posted net profit of Rs. 22.57 Lakhs on total income of Rs. 596.62 Lakhs. EPS improved significantly from negative Rs. 7.78 to positive Rs. 7.20 for the full year. The company also disclosed an investment of Rs. 158.64 Lakhs in partnership firm 'Silverstone Infravetures' for layout development activities. Results were approved by the Board on May 9, 2026, with an unmodified statutory auditor report.
The company has turned profitable after posting losses in the previous year, showing operational recovery in the steel trading business. The strong revenue growth and positive EPS improvement may attract renewed investor interest.