Inducto Steel Limited has announced its Q3FY26 financial results under Regulation 33, marking a significant operational turnaround with the company returning to profitability after consecutive quarters of losses. The results for the quarter ended December 31, 2025, demonstrate improved financial performance across key metrics.

Board Meeting and Regulatory Compliance

The unaudited standalone and consolidated financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on February 13, 2026. The meeting commenced at 2:00 PM and concluded at 2:35 PM. The results have been prepared in accordance with Indian Accounting Standards (Ind-AS) and subjected to limited review by S.N. Shah & Associates, Chartered Accountants.

Financial Performance Overview

The company achieved a net profit of ₹14.33 lakhs in Q3FY26, representing a remarkable improvement from the net loss of ₹59.05 lakhs recorded in the same quarter of the previous year. This turnaround reflects the company's enhanced operational efficiency and cost management initiatives.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Inducto Steel reported total income of ₹10,116.50 lakhs compared to ₹11,893.62 lakhs in the corresponding period of FY24. Despite lower revenue, the company significantly reduced its net loss to ₹84.97 lakhs from ₹377.41 lakhs in the previous year, indicating substantial improvement in cost control and operational efficiency.

Segment-wise Performance

The company operates through two primary geographic segments - Mumbai and Bhavnagar. In Q3FY26, the Bhavnagar segment contributed ₹2,826.78 lakhs to revenue, while the Mumbai segment generated ₹547.17 lakhs. The segment results showed Mumbai achieving a profit of ₹13.68 lakhs and Bhavnagar contributing ₹48.28 lakhs before finance costs and tax.

Balance Sheet Highlights

The company's total segment assets stood at ₹13,419.64 lakhs as of December 31, 2025, compared to ₹8,552.25 lakhs in the previous year. Total segment liabilities increased to ₹9,555.22 lakhs from ₹4,608.74 lakhs, reflecting the company's expanded operations and working capital requirements.

Inducto Steel has announced a key leadership appointment with Mr. Umesh Govind Rathod joining as Chief Financial Officer (CFO), effective January 15, 2026. The appointment was formally approved by the Board of Directors during their meeting held on January 15, 2026.

Appointment Details

The company has appointed Mr. Rathod as a Key Managerial Personnel (KMP) under Section 203 of the Companies Act, 2013. The appointment complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

Mr. Umesh Govindbhai Rathod brings substantial experience to his new role as CFO. He is a seasoned finance executive with over 15 years of experience in the finance industry. His professional background includes active involvement in handling accounts and financial departments, with expertise spanning multiple areas of financial management.

Key Areas of Expertise

Mr. Rathod's experience encompasses several critical areas:

• Financial operations management
• Compliance and regulatory reporting
• Internal controls implementation
• Financial planning and analysis
• Accounts management

His extensive knowledge and vast experience in finance and accounts position him to contribute effectively to the company's financial stability and growth initiatives.

Regulatory Compliance

The appointment follows proper regulatory procedures and disclosure requirements. Inducto Steel has informed BSE Limited about the appointment in compliance with SEBI regulations. The company has provided all required information as per SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023.

The announcement was signed by Diana Palia, Company Secretary and Compliance Officer (Membership No: A40554), ensuring proper corporate governance procedures were followed throughout the appointment process.