east coast steel reported a standalone net profit of ₹30.38 lakh for the quarter ended March 31, 2026, reversing the net profit of ₹11.79 lakh recorded in the same period last year. Total income for the quarter surged to ₹1,737.64 lakh, a sharp increase from the ₹346.94 lakh reported in the corresponding quarter of the previous year. The turnaround in profitability is driven by improved operational performance during the period.

For the full financial year ended March 31, 2026, the company posted a net profit of ₹57.67 lakh, recovering from a net loss of ₹15.32 lakh in the previous year. Total income for the year stood at ₹1,855.89 lakh, up from ₹1,619.13 lakh in FY25. The paid-up equity share capital remained constant at ₹539.65 lakh with a face value of ₹10 per share.

The Board of Directors reviewed and approved the financial results at a meeting held on May 29, 2026. The earnings per share (EPS) for the quarter ended March 31, 2026, was reported at ₹0.56 on a basic and diluted basis. For the full year, the EPS stood at ₹1.07, compared to a negative EPS of ₹0.28 in the prior year.

Financial Performance Summary

The following table outlines the key financial metrics for Eastcoast Steel Limited for the quarter and year ended March 31, 2026:

The financial statements were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015. The extract of the audited financial results has been filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Eastcoast Steel Limited has announced that its board of directors will meet on Friday, May 29, 2026, at the company's corporate office in Mumbai. The primary agenda of the meeting is to consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026, prepared in accordance with the Indian Accounting Standards (Ind-AS).

Agenda for the Meeting

The board will deliberate on the standalone audited financial results along with other necessary reports for the specified period. Additionally, the directors are scheduled to approve the standalone audited financial statements for the financial year ending March 31, 2026.

Trading Window Closure

In adherence to the company's Code of Conduct for Prevention of Insider Trading, Eastcoast Steel has informed its designated persons about the closure of the trading window. This restriction is effective from April 1, 2026, and will remain in place until the expiry of 48 hours from the date the financial results are made public.

Meeting Details