Quarterly Result11 Aug 2026, 03:05 pm
Prakash Industries Q1 FY27 PAT Down to ₹71 Cr on New Tax Regime
AI Summary
Prakash Industries Limited reported financial results for the quarter ended June 30, 2026. Net sales were ₹1032 Crores, a slight decrease from ₹1037 Crores in the same quarter last year. EBITDA increased to ₹154 Crores from ₹144 Crores, improving the EBITDA margin to 14.9% from 13.9%. However, Profit After Tax (PAT) declined to ₹71 Crores from ₹91 Crores, primarily due to the company opting for the new tax regime from April 1, 2026, making the section 80-IA tax exemption unavailable. The company extracted 3.3 lac MT of coal from its Bhaskarpara Coal Mine and targets 1.2 Mn tonnes for the current financial year.
Key Highlights
- Net sales slightly down to ₹1032 Cr for Q1 FY27.
- EBITDA up to ₹154 Cr, margin improved to 14.9%.
- PAT decreased to ₹71 Cr due to new tax regime impact.
- Coal extraction target set at 1.2 Mn tonnes for FY27.
- Company opted for new tax regime, losing 80-IA exemption.
Price Impact
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