BSESharda Ispat LtdHighNeutral
Announced Fri, 14 Nov · 13:00 IST

Unaudited Financial results for the Quarter and Half Year ended 30th September, 2025.

Revenue DeclineEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sharda Ispat reported weak Q2 FY26 results with revenue from operations falling to Rs 2,619.03 lakhs, down about 19% from Rs 3,245.03 lakhs in Q2 FY25. For the half year (H1 FY26), revenue dropped sharply to Rs 5,400.99 lakhs versus Rs 8,020.85 lakhs in H1 FY25, a decline of roughly 33%. Net profit collapsed to Rs 41.32 lakhs in H1 FY26 from Rs 345.48 lakhs a year ago, an 88% fall, with EPS slipping to Rs 0.81 from Rs 6.81. Finance costs nearly doubled to Rs 132.50 lakhs (from Rs 66.59 lakhs), which heavily compressed operating margins. Operating profit before tax fell from Rs 459.29 lakhs to just Rs 63.44 lakhs. The statutory auditor (Panpaliya Taori & Co.) issued an unmodified limited review report with no qualifications.

Likely market impact

Sharp revenue and profit decline with rising finance costs signals pressure on the steel business. Negative for near-term sentiment, though operating cash flows remained positive at Rs 340.26 lakhs.