Bengal Steel Industries Reports Significant Profit Growth in H1 FY2026

1 min read     Updated on 08 Nov 2025, 11:55 AM
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Overview

Bengal Steel Industries Limited announced impressive financial results for H1 FY2026. Revenue from operations increased by 11.11% to Rs. 30.00 lakhs. Standalone net profit soared by 8,053.33% to Rs. 12.23 lakhs, while consolidated profit turned positive at Rs. 12.11 lakhs. The company demonstrated effective cost management, reducing other expenses by 54.60%. Cash and cash equivalents improved to Rs. 116.73 lakhs, indicating strong liquidity. The results were approved by the Board of Directors on November 8, 2025, following review by the Audit Committee.

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Bengal Steel Industries Limited has announced its financial results for the first half of the fiscal year 2025-26, showcasing a remarkable improvement in profitability. The company's performance indicates a strong recovery and efficient cost management.

Financial Highlights

Particulars (in Rs. Lakhs) H1 FY2026 H1 FY2025 YoY Change
Revenue from Operations 30.00 27.00 11.11%
Net Profit (Standalone) 12.23 0.15 8053.33%
Net Profit (Consolidated) 12.11 (0.11) N/A
Employee Benefit Expenses 5.20 4.66 11.59%
Other Expenses 9.86 21.72 -54.60%

Operational Performance

Bengal Steel Industries Limited maintained a steady revenue stream, with operations revenue increasing to Rs. 30.00 lakhs from Rs. 27.00 lakhs for the half-year ended September 30, 2025. This represents a growth of 11.11% year-over-year.

Profitability Surge

The standout feature of BSIL's H1 FY2026 results is the substantial increase in profitability. On a standalone basis, the company reported a net profit of Rs. 12.23 lakhs, compared to Rs. 0.15 lakhs in the corresponding period of the previous year. This represents an impressive year-on-year growth of 8,053.33%.

The consolidated results paint a similar picture of improved performance. BSIL posted a consolidated net profit of Rs. 12.11 lakhs for the half-year, reversing the loss of Rs. 0.11 lakhs incurred in the prior period.

Cost Management

A key factor contributing to the profit surge appears to be effective cost management. While employee benefit expenses saw an increase of 11.59% to Rs. 5.20 lakhs, other expenses witnessed a significant reduction of 54.60%, decreasing from Rs. 21.72 lakhs to Rs. 9.86 lakhs.

Liquidity Position

The company's liquidity position has also improved, with cash and cash equivalents increasing to Rs. 116.73 lakhs from Rs. 106.17 lakhs, indicating a healthy cash flow management.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on November 8, 2025. This adherence to regulatory processes underscores the company's commitment to corporate governance and transparency.

Bengal Steel Industries Limited's performance in the first half of FY2026 demonstrates a notable turnaround, with significant profit growth and improved revenue. The company's focus on cost optimization and improved operational efficiency appears to be yielding positive results, positioning it well for the remainder of the fiscal year.

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