Quarterly Result4 May 2026, 05:41 pm
Magnus Steel FY26: Revenue Up 7.1x to ₹2,257.97 Lakhs
AI Summary
Magnus Steel & Infra Ltd reported strong FY26 results, with revenue from operations growing approximately 7.1 times to ₹2,257.97 Lakhs. Net profit reached ₹450.55 Lakhs, a significant increase from ₹5.67 Lakhs in FY25. The company's net worth returned to positive territory, and EPS rose to ₹13.33. The Board of Directors approved these audited standalone financial results on May 1, 2026. The audit report, issued by M/s. Verma S & Associates, Chartered Accountants, contained an unmodified opinion. The company transitioned strategically from retail to the steel and infrastructure value chain.
Key Highlights
- FY26 Revenue from Operations grew ~608% YoY to ₹2,257.97 Lakhs.
- Net Profit After Tax increased to ₹450.55 Lakhs in FY26 from ₹5.67 Lakhs in FY25.
- Basic and Diluted Earnings Per Share for FY26 stood at ₹13.33.
- Company's Net Worth improved to ₹0.98 Lakhs as of March 31, 2026.
- Auditors issued an unmodified opinion on the Audited Standalone Financial Results.