StockWatch
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Iron & Steel Products
Quarterly Result22 May 2026, 02:32 pm

Modern Steels Ltd FY26: Net Profit ₹453 Lacs

AI Summary

Modern Steels Ltd announced its audited financial results for the quarter and financial year ended March 31, 2026. Key highlights include 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 stand at ₹1,987 Lacs as of March 31, 2026, compared to ₹1,880 Lacs the previous year.

Key Highlights

  • Net profit for FY26 stood at ₹453 Lacs, up from ₹106 Lacs in FY25.
  • Basic and diluted EPS for FY26 were ₹3.30, compared to ₹0.77 in FY25.
  • Total assets increased to ₹1,987 Lacs as of March 31, 2026.
  • The Board approved the audited financial results on May 22, 2026.
  • Other Equity increased from ₹343 Lacs to ₹449 Lacs.