Sambhv Steel Tubes Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Sambhv Steel Tubes reported strong consolidated results for FY2026 with total income of Rs 24,204.61 million, up 59.6% from Rs 15,167.01 million in FY2025. Net profit surged to Rs 1,901.87 million versus Rs 781.79 million the prior year, a growth of 143.3%. The company received an unmodified audit opinion from S S Kothari Mehta & Co. LLP. The Board approved a Rs 2,000 million expansion adding 150,000 MTPA pipe capacity (total 500,000 MTPA) and a 30 MW captive power plant at Sarora, to be funded by debt and internal accruals, expected by December 2027. An exceptional item of Rs 35.10 million was recognized due to fraud at subsidiary Sambhv Tubes Limited involving concealed encumbrances on land; Rs 80 million was recovered but the balance was provided for. Key management changes include appointment of Mr. Bikash Agrawal as Additional Executive Director, re-designation of Mr. Suresh Kumar Goyal as Chairman cum Managing Director, and new appointments of internal and cost auditors.