Ashirwad Steels & Industries Limited has released its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors approved the standalone financial statements during a meeting held on May 22, 2026. The company reported a net profit of ₹202.02 lakh for the current financial year, a decline from the ₹229.66 lakh recorded in the previous year.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹46.16 lakh, compared to ₹71.51 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹81.42 lakh from ₹54.12 lakh in the preceding quarter ended December 31, 2025. Total income for the fiscal year stood at ₹416.34 lakh, slightly lower than the ₹429.94 lakh reported in the prior year.

The company's total expenses for the year rose to ₹148.75 lakh from ₹120.21 lakh in the previous year. Profit before tax for the year was recorded at ₹267.59 lakh, down from ₹309.73 lakh in the preceding year. The basic and diluted earnings per share (EPS) for the year stood at ₹1.62, compared to ₹1.84 in the previous year.

Key Financial Metrics

The following table outlines the key financial figures for the quarter and year ended March 31, 2026:

Corporate Governance and Shareholder Meetings

The Board has approved the convening of the 40th Annual General Meeting (AGM), scheduled to be held on Thursday, July 23, 2026. The Register of Members and Share Transfer Books will remain closed from Friday, July 17, 2026, to Thursday, July 23, 2026, for the purpose of the AGM.

The company confirmed that the statutory auditors, M/s. C. K. Chandak & Co., have issued an audit report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The declaration was submitted in compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ashirwad Steels & Industries Limited has informed the stock exchanges that a meeting of its Board of Directors is scheduled to be held on Friday, 22nd May, 2026. The meeting will take place at 3:00 P.M. at the company's Registered Office located at 6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata – 700069. The primary agenda includes the consideration and approval of the audited financial results for the quarter and financial year ended 31st March, 2026.

Agenda for the Board Meeting

The Board will deliberate on several key matters during the session. The items on the agenda include:

• To consider, approve, and take on record the Audited Financial Results of the Company for the quarter and financial year ended 31st March, 2026.
• To consider and approve the Board's Report and Annual Report of the Company for the financial year ended 31st March, 2026.
• To consider and approve the Notice convening the 40th Annual General Meeting (AGM) of the Company and to fix the date, time, venue/mode and other related matters.
• Any other matter with the permission of the Chair.

Trading Window Closure

In compliance with the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window has been closed. This restriction applies to all Designated Persons and their Immediate Relatives. The window closed with effect from 1st April, 2026, and will remain closed until 48 hours after the declaration of the aforementioned Audited Financial Results.

Company Details