StockWatch
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Iron & Steel Products
Quarterly Result22 May 2026, 02:40 pm

Modern Steels FY26: Net Profit ₹453 Lacs

AI Summary

Modern Steels Ltd. announced its audited financial results for the year ended March 31, 2026. The company reported a net profit of ₹453 Lacs for the year ended March 31, 2026, as compared to ₹106 Lacs in the previous year. The Board of Directors approved the financial results in their meeting held on May 22, 2026. The company's total assets stood at ₹1,987 Lacs as of March 31, 2026, compared to ₹1,880 Lacs the previous year. Basic and diluted EPS stood at ₹3.30.

Key Highlights

  • Net profit for FY26 stood at ₹453 Lacs, compared to ₹106 Lacs in FY25.
  • Total income for FY26 was ₹482 Lacs, compared to ₹201 Lacs in FY25.
  • Basic and Diluted EPS for FY26 were both ₹3.30.
  • Total assets increased to ₹1,987 Lacs as of March 31, 2026.
  • The Board of Directors approved the audited financial results on May 22, 2026.