Prakash Steelage Q1 FY27 results: PAT declines 57% to Rs 16.35 lakh
PRAKASHSTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Prakash Steelage posted Q1 FY27 revenue of Rs 1,681.02 lakh, up 2.3% from Rs 1,643 lakh YoY. However, net profit fell sharply to Rs 16.35 lakh from Rs 38.06 lakh, a 57% decline, on higher material costs and employee expenses. EPS stood at Re 0.01 vs Re 0.02 YoY. Other equity remains negative at Rs 777.15 lakh. Limited review report by Pipara and Co was clean.
Sharp profit decline despite stable revenue, with negative other equity raising concerns about long-term financial health.