StockWatch
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Iron & Steel
Quarterly Updates22 May 2026, 03:26 pm

Prakash Industries: FY26 PAT at ₹333 Cr, Dividend of ₹1.80/Share

AI Summary

Prakash Industries Ltd. announced its financial results for the quarter and year ended March 31, 2026. The company achieved net sales of ₹920 Crores and EBITDA of ₹149 Crores for the quarter, reflecting growth of 9% and 7% respectively. Profit after Tax for the quarter increased to ₹93 Crores. For the year, net sales reached ₹3479 Crores and EBITDA was ₹543 Crores, with a Profit after Tax of ₹333 Crores. The Board recommends a dividend of 18%, i.e., ₹1.80 per equity share. The company extracted 2.68 lac MT of coal during the quarter and achieved targeted extraction of 1 Mn MT of coal in FY2026 from its Bhaskarpara Coal Mine and is enhancing the mining plan to 1.2 Mn MT per annum.

Key Highlights

  • Net Sales for FY26 reached ₹3479 Crores, with EBITDA at ₹543 Crores.
  • Q4 FY26 Net Sales at ₹920 Crores, EBITDA at ₹149 Crores, up 9% and 7% YoY.
  • Board recommends a dividend of 18% i.e. ₹1.80 per equity share.
  • FY26 Profit after Tax stands at ₹333 Crores.
  • Company achieved targeted coal extraction of 1 Mn MT in FY26.