Ashirwad Steels & Industries Reports 20.6% Rise in Q2 Net Profit

1 min read     Updated on 07 Nov 2025, 07:44 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Ashirwad Steels & Industries Limited, primarily engaged in lending and investment business, reported a net profit of ₹61.53 lacs for Q2 2025, up 20.6% year-over-year. Total income rose 20.3% to ₹114.35 lacs. Earnings per share improved to ₹0.49 from ₹0.41. The company's half-year performance showed marginal growth in net profit and a 9.8% increase in total income. The Board of Directors approved these unaudited financial results on November 6, 2025, which were subject to limited review by statutory auditors.

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*this image is generated using AI for illustrative purposes only.

Ashirwad Steels & Industries Limited, a company primarily engaged in lending and investment business, has reported a significant increase in its net profit for the quarter ended September 30, 2025. The company's financial performance shows improvement across key metrics, as approved by the Board of Directors in their meeting held on November 6, 2025.

Financial Highlights

Particulars (in ₹ lacs) Q2 2025 Q2 2024 YoY Change
Net Profit 61.53 51.01 +20.6%
Total Income 114.35 95.03 +20.3%
Earnings Per Share (₹) 0.49 0.41 +19.5%

Key Points

  1. Profit Growth: The company's net profit for Q2 2025 stood at ₹61.53 lacs, marking a 20.6% increase from ₹51.01 lacs in the same quarter last year.

  2. Revenue Increase: Total income rose to ₹114.35 lacs, up 20.3% from ₹95.03 lacs year-on-year.

  3. Half-Year Performance: For the six-month period:

    • Net profit marginally increased to ₹111.43 lacs from ₹110.70 lacs in the previous year.
    • Total income grew to ₹219.19 lacs from ₹199.57 lacs.
  4. Earnings Per Share: The company's EPS for the quarter improved to ₹0.49 from ₹0.41 in the corresponding period last year.

  5. Business Focus: Ashirwad Steels & Industries Limited operates primarily in lending and investment business rather than trading or industrial activities.

Management Approval

The unaudited financial results were approved by the Board of Directors in their meeting held on November 6, 2025. The meeting commenced at 03:00 P.M. and concluded at 04:40 P.M.

Auditor's Review

The financial results have undergone a limited review by the company's statutory auditors, C.K. Chandak & Co., Chartered Accountants. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as issued by the Institute of Chartered Accountants of India.

Investor Considerations

While the company has shown growth in both revenue and profit, investors should note that these results are unaudited and subject to limited review. The marginal increase in half-yearly net profit, despite a more substantial increase in revenue, may warrant attention to the company's cost management and operational efficiency.

Ashirwad Steels & Industries Limited continues to focus on its lending and investment operations, which appears to be yielding positive results as evidenced by the growth in total income and net profit. However, potential investors should conduct thorough research and consider the company's business model, market conditions, and future growth prospects before making investment decisions.

Historical Stock Returns for Ashirwad Steels & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.31%+0.59%-2.24%-1.29%-22.11%+306.13%
Ashirwad Steels & Industries
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Ashirwad Steels Grants ₹10 Crore Unsecured Loan to MSP Steel & Power

1 min read     Updated on 04 Sept 2025, 03:32 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

Ashirwad Steels & Industries has sanctioned an unsecured loan facility of ₹10 crore to MSP Steel & Power Limited for general corporate purposes. The loan was approved on September 4, 2025, as part of Ashirwad's ordinary course of business in financing and investments. The company clarified that this is not a related party transaction and has informed the BSE in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Ashirwad Steels & Industries , a company engaged in financing and investments, has made a significant move in its ordinary course of business. The company has sanctioned an unsecured loan facility of ₹10 crore to MSP Steel & Power Limited, as disclosed in a regulatory filing to the BSE on September 4, 2025.

Loan Details

The key details of the loan facility are as follows:

Particulars Details
Borrower MSP Steel & Power Limited
Loan Amount ₹10,00,00,000 (Ten Crore)
Nature Unsecured
Purpose General corporate purposes
Sanction Date September 4, 2025

Regulatory Compliance

Ashirwad Steels & Industries Limited has informed the BSE about this transaction in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that this loan facility is part of its ordinary course of business in financing and investments.

Not a Related Party Transaction

It's worth noting that the company has explicitly stated that this is not a related party transaction. This clarification is important for transparency and to avoid any potential conflicts of interest concerns among shareholders and regulatory bodies.

Impact and Outlook

While the specific terms of the loan, such as interest rate and repayment schedule, were not disclosed, this transaction showcases Ashirwad Steels & Industries Limited's active involvement in its financing business. The loan to MSP Steel & Power Limited, another listed entity, indicates the company's strategy to engage with established players in the market.

For MSP Steel & Power Limited, this unsecured loan facility provides additional liquidity for general corporate purposes, which could potentially support its operational or strategic initiatives.

Investors and market watchers will likely keep an eye on how this loan impacts both companies' financial positions in the coming quarters.

Historical Stock Returns for Ashirwad Steels & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.31%+0.59%-2.24%-1.29%-22.11%+306.13%
Ashirwad Steels & Industries
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like17
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