Prakash Industries Reports Q3 Results with ¥ 87 Crores Profit, Expects Strong Steel Demand

Prakash Industries Ltd. has announced its financial results for the quarter and nine months ended 31st December, 2025. The company reported a profit after tax of ¥ 87 Crores for the quarter, an increase from ¥ 84 Crores in the corresponding quarter of the previous financial year. For the nine months ended 31st December, 2025, the company achieved a profit after tax of ¥ 240 Crores, resulting in an Earning Per Share (EPS) of ¥ 13.39. The company expects to witness strong steel demand in the country due to the government’s focus on construction and infrastructure activities. In terms of operations, the Bhaskarpara coal mine extracted ~2.52 lac MT of coal during the quarter and is projected to achieve over 1 Mn MT of coal in FY2026. The company is also in the process of enhancing the mining plan from 1 Mn MT per annum to 1.2 Mn MT per annum.