Bloom Industries Q1 Results: Net Profit Rises 53% YoY to ₹20.45 lakh

2 min read     Updated on 13 Aug 2026, 02:31 PM
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Bloom Industries posted a net profit of ₹20.45 lakh in Q1FY26, up 53% YoY, despite revenue falling 40% to ₹3.35 crore. Cost controls helped preserve margins. Results were reviewed by Tibrewal Chand & Co. under SEBI LODR norms.

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Bloom Industries reported a net profit of ₹20.45 lakh for the quarter ended June 30, 2026, compared to ₹13.34 lakh in the same period of the previous fiscal year. This represents a year-on-year increase of approximately 53% in profitability despite a significant contraction in top-line revenue.

Revenue from operations stood at ₹3.35 crore (₹334.53 lakh), down sharply from ₹5.55 crore (₹554.61 lakh) in Q1FY25. Total income for the quarter was also ₹3.35 crore, as other income remained nil. In contrast, the previous year’s quarter saw no other income contribution either.

Financial Performance Breakdown

The company’s cost structure adjusted in line with lower sales volumes. Purchase of stock-in-trade decreased to ₹2.71 crore (₹270.93 lakh) from ₹5.07 crore (₹507.28 lakh) in Q1FY25. Employee benefit expenses were contained at ₹3.20 lakh, down from ₹4.48 lakh year-on-year.

Finance costs rose slightly to ₹15.66 lakh from ₹12.64 lakh in the prior year quarter. Other expenses increased to ₹16.18 lakh from ₹11.69 lakh. Depreciation and amortisation remained stable at ₹0.71 lakh.

Metric Q1FY26 (Unaudited) Q1FY25 (Unaudited)
Revenue from Operations ₹3.35 crore ₹5.55 crore
Total Expenses ₹3.07 crore ₹5.37 crore
Profit Before Tax ₹27.85 lakh ₹17.82 lakh
Net Profit After Tax ₹20.45 lakh ₹13.34 lakh
Earnings Per Share (Basic) ₹0.31 ₹0.20

What the Numbers Show

The divergence between revenue decline and profit growth highlights improved cost efficiency or margin preservation in the iron and steel trading segment. While revenue contracted by nearly 40%, total expenses fell by a similar magnitude, allowing pre-tax profits to rise by over 56%. The absence of exceptional items or other income indicates that the profit improvement was driven entirely by operational performance relative to costs.

Tax expense for the quarter was ₹7.40 lakh (current tax ₹6.99 lakh + deferred tax ₹0.41 lakh), compared to ₹4.48 lakh in Q1FY25. The effective tax rate appears higher in absolute terms due to the smaller base, though proportional impact requires further analysis.

Corporate Governance & Audit

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026. Tibrewal Chand & Co., Chartered Accountants, conducted a limited review pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. The firm issued a clean review report, stating nothing came to their attention suggesting material misstatement.

The company operates in a single segment — Iron & Steel Trading — and thus segment-wise disclosures are not furnished under Ind AS 108. Figures for the quarter ended March 31, 2026, are balancing figures between audited full-year data and unaudited year-to-date figures.

Akash Gupta, Whole Time Director, signed off on the results. The company’s registered office is located in Rourkela, Odisha.

Historical Stock Returns for Bloom Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.56%-2.33%-4.69%-7.35%-30.33%+229.15%

Will Bloom Industries implement strategic initiatives to reverse the 40% revenue contraction in the iron and steel trading segment, or is this a temporary cyclical downturn?

How sustainable is the current cost-efficiency model if sales volumes remain suppressed, particularly regarding fixed vs. variable expense structures?

What impact might rising finance costs have on the company's liquidity and debt servicing capabilities in upcoming quarters?

Bloom Industries FY26 net profit rises to ₹115.32 lakh

2 min read     Updated on 28 May 2026, 09:34 PM
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AI Summary

Bloom Industries Limited reported a net profit of ₹115.32 lakh for FY26, a rise from ₹49.41 lakh in FY25, while revenue from operations fell to ₹1,412.23 lakh. The auditor noted statutory defaults, including non-filing of GST returns and TDS. The Board appointed Mrs. Puja Shaw as Company Secretary and Compliance Officer.

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Bloom Industries Limited reported a net profit of ₹115.32 lakh for the financial year ended March 31, 2026, a significant increase from ₹49.41 lakh in the previous year. The company's revenue from operations fell to ₹1,412.23 lakh in FY26 from ₹2,356.26 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹70.41 lakh on a total income of ₹105.49 lakh, compared to a net profit of ₹8.03 lakh on a total income of ₹411.15 lakh in the same quarter last year.

The Board of Directors, in its meeting held on May 26, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. M/s Tibrewal Chand & Co., Chartered Accountants, issued an unmodified opinion on the financial results. The auditor highlighted that the company faced statutory defaults during the financial year, including the non-filing of Goods and Services Tax (GST) returns since May 2025, leading to the cancellation of its GST registration on December 6, 2025. Additionally, the company did not deposit Tax Deducted at Source (TDS) or file TDS returns for the entire financial year.

The company submitted an extract of the audited financial results to the Bombay Stock Exchange on May 28, 2026, confirming compliance with Regulation 47(3) of the SEBI (LODR) Regulations, 2015. The results were advertised in Utkal Mail (Odia Daily) and Business Standard on May 27, 2026.

Financial Performance

The company's total income for FY26 stood at ₹1,547.72 lakh, down from ₹2,373.91 lakh in the previous year. Total expenses decreased to ₹1,425.08 lakh from ₹2,313.73 lakh. Profit before tax for the year improved to ₹122.64 lakh from ₹60.18 lakh. Earnings per share (EPS) for the year increased to ₹1.74 from ₹0.74 in the previous year.

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue From Operations 1,412.23 2,356.26
Total Income 1,547.72 2,373.91
Total Expenses 1,425.08 2,313.73
Profit Before Tax 122.64 60.18
Net Profit 115.32 49.41
Earnings Per Share (Basic) 1.74 0.74

Board Appointments

The Board took note of the completion of the tenure of M/s Pawan Shyam Associates, Chartered Accountants, as Internal Auditors. Consequently, the Board approved the appointment of Mrs. Puja Shaw (ACS 38493) as Company Secretary and Compliance Officer effective May 26, 2026. Mrs. Shaw brings over 10 years of experience in corporate secretarial affairs and statutory compliances.

Historical Stock Returns for Bloom Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.56%-2.33%-4.69%-7.35%-30.33%+229.15%

How will the cancellation of GST registration impact the company's ability to secure future contracts and maintain operational continuity?

What specific measures is the new Compliance Officer implementing to resolve the statutory defaults and prevent future non-compliance?

Can the company sustain its improved profit margins given the significant decline in revenue from operations?

More News on Bloom Industries

1 Year Returns:-30.33%