Quarterly Updates21 Nov 2025, 04:39 pm
Garg Furnace Ltd Announces Strong Q2 FY 2025-26 Results, Driven by Value-Added Steel & Process Innovation
AI Summary
Garg Furnace Ltd has reported a strong performance for Q2 FY 2025-26. The company's revenue grew by 2.04% QoQ to ₹ 26,138.43 lakh, largely stable YoY. The operating profit saw a significant increase of 111.5% QoQ and 190.7% YoY. The company's operating profit margin (OPM%) expanded by 263 bps QoQ and 335 bps YoY. The net profit stood at ₹ 274.19 lakh, up by 119.5% QoQ and 272.3% YoY. The company's focus on value-added steel, chemistry-led product innovation, and disciplined cost control has contributed to this strong performance. The upcoming alloy steel expansion through Vaneera is expected to position the company among the most competitive mid-sized steel players in North India.
Key Highlights
- Revenue growth of 2.04% QoQ and largely stable YoY
- Operating profit growth of 111.5% QoQ and 190.7% YoY
- Operating profit margin (OPM%) expansion of 263 bps QoQ and 335 bps YoY
- Net profit growth of 119.5% QoQ and 272.3% YoY
- Upcoming alloy steel expansion through Vaneera