Meenakshi Steel Industries Reports Net Loss of Rs 58.35 Lakhs in Q2 FY2026
Meenakshi Steel Industries Limited reported a net loss of Rs 58.35 lakhs for Q2 FY2026, compared to a profit of Rs 54.27 lakhs in Q1 FY2026. Revenue from operations increased to Rs 420.99 lakhs from Rs 396.29 lakhs in the previous quarter. For H1 FY2026, the company reported a total revenue of Rs 877.28 lakhs and a net loss of Rs 335.00 lakhs. The company's total comprehensive income for Q2 was negative at Rs 417.83 lakhs, largely due to fair value measurement losses on investments of Rs 359.48 lakhs.
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Meenakshi Steel Industries Limited, a company primarily engaged in finance and investment activities, has announced its financial results for the second quarter and half-year ended September 30, 2025. The company reported a net loss after tax of Rs 58.35 lakhs for the quarter, marking a significant shift from the net profit of Rs 54.27 lakhs in the previous quarter.
Key Financial Highlights
| Particulars (Rs. in Lakhs) | Q2 FY2026 | Q1 FY2026 | H1 FY2026 |
|---|---|---|---|
| Revenue from Operations | 420.99 | 396.29 | 877.28 |
| Net Profit/(Loss) | (58.35) | 54.27 | (335.00) |
| Basic EPS (Rs.) | (15.07) | 4.27 | (10.80) |
Quarterly Performance
The company's performance in Q2 FY2026 showed a decline compared to the previous quarter. Revenue from operations stood at Rs 420.99 lakhs, slightly higher than the Rs 396.29 lakhs reported in Q1 FY2026. However, the company swung to a net loss of Rs 58.35 lakhs from a profit of Rs 54.27 lakhs in the previous quarter.
Half-Year Results
For the half-year period ended September 30, 2025, Meenakshi Steel Industries reported:
- Total revenue from operations of Rs 877.28 lakhs
- A net loss of Rs 335.00 lakhs
- Basic earnings per share (EPS) of Rs (10.80)
Other Financial Metrics
The company's total comprehensive income for Q2 FY2026 was negative at Rs 417.83 lakhs, primarily due to fair value measurement losses on investments amounting to Rs 359.48 lakhs.
Corporate Governance
The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The statutory auditors, M/s VRSK & Co LLP, have carried out a limited review of the results and issued an unmodified opinion.
About Meenakshi Steel Industries Limited
Meenakshi Steel Industries Limited is primarily engaged in finance and investment activities. The company's registered office is located at J-189, Basement, J-Block, Saket, New Delhi-110017.
Investors and stakeholders should note that these results are for the quarter ended September 30, 2025, and may not reflect the current financial position of the company.
Historical Stock Returns for Meenakshi Steel Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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