Please find attached herewith the Outcome of Board Meeting held on May 28, 2026
VRAJ · price
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Vraj Iron and Steel Limited reported audited financial results for FY 2025-26. Standalone revenue grew 24% to Rs 5,879.24 million from Rs 4,750.31 million. However, standalone PAT declined 29% to Rs 295.27 million from Rs 418.41 million, while consolidated PAT fell 27% to Rs 320.05 million from Rs 440.81 million. Finance costs increased significantly to Rs 21.25 million from Rs 15.53 million year-on-year. The statutory auditor Amitabh Agrawal & Co. issued unmodified opinions on both standalone and consolidated results. The associate Vraj Metaliks Private Limited contributed Rs 24.78 million to consolidated profit.
Despite strong revenue growth of ~24%, the company saw a significant ~27-29% decline in net profit due to higher finance costs and other expense increases, which could be viewed negatively by investors.