Bloom Industries Reports Q2 2025 Results: Revenue Up 34.9% QoQ, Appoints New Auditors

2 min read     Updated on 06 Aug 2025, 01:52 PM
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Overview

Bloom Industries Limited, an iron and steel trading company, released Q2 2025 results showing a 34.9% quarter-on-quarter revenue increase to Rs 554.61 lakh, but a 26.6% year-on-year decrease. Profit for the period rose 66.1% QoQ to Rs 13.34 lakh, while falling 26.8% YoY. The company appointed M/s Gopinath Nayak & Associates as Secretarial Auditor for FY 2025-26 to 2029-30 and Dr. S.K. Jain as Scrutinizer for the upcoming AGM.

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Bloom Industries Limited , an iron and steel trading company, has released its unaudited financial results for the quarter ended June 30, 2025, showing mixed performance compared to the previous quarter and the same period last year.

Financial Highlights

Particulars (Rs. in Lakhs) Q2 2025 Q1 2025 Q2 2024 YoY Change QoQ Change
Revenue from Operations 554.61 411.15 756.09 -26.6% +34.9%
Total Expenses 536.79 400.95 731.74 -26.6% +33.9%
Profit Before Tax 17.82 10.20 24.35 -26.8% +74.7%
Profit for the Period 13.34 8.03 18.22 -26.8% +66.1%
Earnings Per Share (Rs.) 0.20 0.12 0.27 -25.9% +66.7%

Bloom Industries Limited reported a revenue of Rs 554.61 lakh for the quarter ended June 30, 2025, marking a significant increase of 34.9% compared to the previous quarter's Rs 411.15 lakh. However, this figure represents a 26.6% decrease from the Rs 756.09 lakh reported in the same quarter last year.

The company's profit for the period stood at Rs 13.34 lakh, up 66.1% from Rs 8.03 lakh in the previous quarter but down 26.8% from Rs 18.22 lakh in the corresponding quarter last year. This resulted in earnings per share of Rs 0.20 for the quarter.

Board Decisions and Appointments

In addition to approving the financial results, the Board of Directors made several key decisions during their meeting on August 6, 2025:

  1. Secretarial Auditor Appointment: M/s Gopinath Nayak & Associates, Practicing Company Secretaries, have been appointed as the Secretarial Auditor for a period of five consecutive financial years (FY 2025-26 to 2029-30). This appointment is subject to shareholder approval at the upcoming 36th Annual General Meeting.

  2. Scrutinizer for AGM: Dr. S.K. Jain, a Practicing Company Secretary, has been appointed as the Scrutinizer for the upcoming Annual General Meeting for the financial year 2024-2025.

Segment Information

Bloom Industries Limited continues to operate in a single segment, namely Iron & Steel Trading. The company's financial results are reflective of this focused business model.

The Board Meeting, which commenced at 11:30 A.M., concluded at 1:00 P.M. The company has stated that these results will be published in newspapers as per SEBI regulations and will be available on the company's website as well as on the BSE website.

Investors and stakeholders should note that while the company has shown quarter-on-quarter growth, the year-on-year comparison indicates some challenges in the operating environment. The appointment of new auditors and scrutinizers suggests the company's commitment to maintaining robust corporate governance practices.

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