Magnus Steel and Infra Limited Reports Q3FY26 Net Profit of ₹108.40 Lakh

2 min read     Updated on 14 Feb 2026, 04:13 PM
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Reviewed by
Ashish TScanX News Team
Overview

Magnus Steel and Infra Limited announced Q3FY26 financial results showing net profit of ₹108.40 lakh and revenue of ₹620.45 lakh, approved by the Board on February 14, 2026. The company reported nine-month profit of ₹299.23 lakh with total revenue of ₹1,714 lakh, maintaining profitability despite year-over-year decline in quarterly performance.

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

Magnus retail has announced its unaudited financial results for the third quarter of FY26, ending December 31, 2025. The company, formerly known as Magnus Retail Limited, reported a net profit of ₹108.40 lakh for the quarter, demonstrating continued profitability despite a decline from the previous year's corresponding quarter.

Board Meeting and Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 14, 2026. The board meeting commenced at 3:00 p.m. and concluded at 3:45 p.m. The results have been subjected to limited review by the statutory auditors and were announced under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details Information
Board Meeting Date February 14, 2026
Meeting Duration 3:00 p.m. to 3:45 p.m.
Regulation SEBI Regulation 30 & 33
Reference Number MRL/2025-26/KB – 043

Financial Performance Overview

The company's financial performance for Q3FY26 shows mixed results when compared to the previous year. While maintaining profitability, the company experienced a decline in net profit compared to the same quarter in the previous fiscal year.

Financial Metric Q3FY26 Q3FY25 9M FY26
Total Revenue ₹620.45 lakh ₹728.46 lakh ₹1,714.00 lakh
Total Expenses ₹512.05 lakh ₹578.44 lakh -
Net Profit ₹108.40 lakh ₹150.02 lakh ₹299.23 lakh
Basic EPS ₹3.21 ₹4.44 ₹8.85
Diluted EPS ₹3.21 ₹4.44 ₹8.85

Expense Analysis

The company's expense structure for Q3FY26 included various operational costs. Finance costs amounted to ₹5.90 lakh, while legal and professional expenses were ₹0.19 lakh. Other expenses totaled ₹12.83 lakh for the quarter. The company maintained disciplined cost management across various expense categories.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Magnus Steel and Infra Limited achieved a net profit of ₹299.23 lakh with total revenue of ₹1,714.00 lakh. The nine-month basic and diluted earnings per share stood at ₹8.85 each, reflecting the company's overall performance during the period.

Corporate Structure and Key Details

The company maintains a paid-up equity share capital of ₹338.03 lakh with a face value of ₹10.00 per share. Company Secretary Kshipra Bansal signed the regulatory filing, and Chairman & Managing Director Karronn Bajaj approved the results.

Parameter Details
Company Name Magnus Steel and Infra Limited
Former Name Magnus Retail Limited
Scrip Code 517320
ISIN INE898E01011
Chairman & MD Karronn Bajaj (DIN: 09375579)
Company Secretary Kshipra Bansal

The company has indicated that no provision has been made for taxation owing to losses, both carried forward and currently incurred. The financial statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, as prescribed under Section 133 of the Companies Act, 2013.

Historical Stock Returns for Magnus Steel & Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+12.54%+24.33%+991.63%+1,160.90%+3,181.29%

Magnus Steel & Infra Limited EGM Achieves 99.99% Approval for Key Resolutions

3 min read     Updated on 04 Feb 2026, 10:45 PM
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Reviewed by
Ashish TScanX News Team
Overview

Magnus Steel & Infra Limited successfully conducted its EGM on February 10, 2026, achieving overwhelming 99.99% approval rates for two special resolutions covering preferential share issuance and registered office shifting. The meeting saw participation from 2 promoter group members and 31 public shareholders via video conferencing, with detailed voting results scrutinized by Ritesh Sharma & Associates and announced on February 11, 2026.

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

Multiple Indian companies have announced their quarterly financial results for the third quarter of FY26 ended December 31, 2025, demonstrating continued corporate transparency and regulatory compliance under SEBI guidelines.

Magnus Steel & Infra Limited EGM Voting Results

Magnus Steel & Infra Limited (formerly Magnus Retail Limited) declared comprehensive voting results for its Extraordinary General Meeting held on February 10, 2026, pursuant to Regulation 44(3) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The EGM was conducted through Video Conferencing from 3:00 PM to 3:33 PM, with results announced on February 11, 2026.

Meeting Participation and Structure

Parameter: Details
Total Shareholders on Record Date 11,800
Record Date February 03, 2026
Promoter Group Attendance (VC) 2
Public Shareholders Attendance (VC) 31
Total Resolutions 2 Special Resolutions
Scrutinizer Ritesh Sharma & Associates

Resolution 1: Preferential Share Issuance

The first special resolution regarding "Issuance of equity shares of the company on Preferential issue to Non-Promoters for Cash Consideration" achieved overwhelming approval:

Category: Shares Held Votes Polled Votes in Favor Votes Against Approval %
Promoter Group 1,559,215 1,559,215 1,559,215 0 100.00%
Public Non-Institutions 1,821,085 3,300 3,200 100 96.97%
Total 3,380,300 1,562,515 1,562,415 100 99.99%

Resolution 2: Registered Office Shifting

The second special resolution for "Shifting of Registered Office of the Company" received identical voting results:

Category: Shares Held Votes Polled Votes in Favor Votes Against Approval %
Promoter Group 1,559,215 1,559,215 1,559,215 0 100.00%
Public Non-Institutions 1,821,085 3,300 3,200 100 96.97%
Total 3,380,300 1,562,515 1,562,415 100 99.99%

Voting Process and Compliance

The remote e-voting was conducted from February 06-09, 2026, through NSDL's e-voting platform, with additional e-voting facility available during the EGM. The scrutinizer report was prepared by Ritesh Sharma & Associates, Company Secretaries (Membership No. 55206), confirming the validity of the voting process.

Key Voting Statistics

Voting Details: Count
Total Members Voted in Favor 23
Total Members Voted Against 1
Invalid Votes 0
Voting Participation Rate 46.22%

Other Corporate Financial Updates

Bioenergy and Chemical Sector

TruAlt Bioenergy Limited and Aether Industries Limited both approved their unaudited standalone and consolidated financial results for Q3 FY26 on February 03, 2026. Both companies have made their results accessible through QR codes and standard regulatory channels.

Investment Sector Performance

TSF Investments Limited (formerly Sundaram Finance Holdings Limited) reported strong Q3 FY26 performance:

Financial Metric: Q3 FY26 (₹ crores) Q3 FY25 (₹ crores)
Total Income from Operations 5,445.20 1,731.77
Net Profit After Tax 4,447.51 1,155.84
Earnings Per Share (₹) 2.00 0.52

The company declared an interim dividend of ₹6.70 per share (134%) for FY 2025-26, with the record date set for February 10, 2026.

Pharmaceutical Sector Results

Mankind Pharma Limited presented comprehensive Q3 FY26 results:

Consolidated Results: Q3 FY26 (₹ crores) Q3 FY25 (₹ crores)
Revenue from Operations 3,567.20 3,198.79
Profit After Tax 413.88 377.87
Basic EPS (₹) 9.90 9.29

Dr. Agarwal's Health Care Limited and Fidel Softech Limited also announced their Q3 FY26 financial results, with both companies ensuring accessibility through multiple regulatory channels and QR code systems.

Regulatory Compliance

All announced results and corporate actions comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The companies have ensured accessibility through multiple channels including stock exchange websites, company portals, and QR code systems for investor convenience, reflecting ongoing commitment to transparency and regulatory adherence.

Historical Stock Returns for Magnus Steel & Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+12.54%+24.33%+991.63%+1,160.90%+3,181.29%

More News on Magnus Retail

1 Year Returns:+1,160.90%