Prakash Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating solid operational performance across key financial metrics. The iron and steel company reported revenue from operations of ₹79,855 lakhs for the third quarter, with total income including other income reaching ₹81,017 lakhs.

Quarterly Financial Performance

The company's third quarter results showed strong profitability with profit after tax of ₹8,685 lakhs. Total expenses for the quarter stood at ₹72,572 lakhs, resulting in profit before tax of ₹8,445 lakhs. The quarterly performance reflects the company's operational efficiency in the iron and steel segment.

Nine-Month Cumulative Results

For the nine months ended December 31, 2025, Prakash Industries achieved revenue from operations of ₹2,55,879 lakhs compared to ₹3,16,971 lakhs in the corresponding period of the previous year. The company reported profit after tax of ₹23,982 lakhs for the nine-month period, delivering earnings per share of ₹13.39.

Operational Highlights and Coal Mining Activities

The company operates exclusively in the iron and steel segment, maintaining focus on its core business operations. During the quarter, Prakash Industries extracted 2.52 lakh MT of coal from its Bhaskarpara coal mine operations. The company targets coal extraction of over 1 million MT for FY2026 and is enhancing its mining plan capacity from 1 million MT per annum to 1.2 million MT per annum.

Financial Structure and Compliance

The company maintains a paid-up equity share capital of ₹17,908 lakhs with a face value of ₹10 per share. Other comprehensive income for the quarter was negative ₹760 lakhs, primarily due to remeasurement of defined benefit plans. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 14, 2026, with statutory auditors conducting their review under Regulation 33 of SEBI Listing Regulations.

Key Financial Components

The company's expense structure for the quarter included cost of materials consumed at ₹47,400 lakhs, employee benefits expense of ₹7,709 lakhs, and depreciation and amortisation expense of ₹4,232 lakhs. Finance costs stood at ₹932 lakhs, while other expenses totaled ₹12,284 lakhs. The results reflect the company's operational management in the iron and steel manufacturing sector.

Prakash Industries Limited , a prominent player in the Indian steel sector, has announced its financial results for the second quarter ended September 30, 2025, revealing a significant decline in net profit compared to the same period last year.

Financial Performance

The company reported a net profit of 616.00 million rupees for Q2, down 32% from 904.00 million rupees in the corresponding quarter of the previous year. This decline reflects a challenging period for the company's financial performance.

Key Financial Metrics

The company's net sales for the quarter stood at 7,232.00 million rupees, showing a significant decrease from the previous year's figure. The operating profit was reported at 1,080.00 million rupees.

Half-Year Performance

For the half-year ended September 30, 2025, Prakash Industries achieved:

• Net Sales: 17,602.00 million rupees
• Operating Profit: 2,460.00 million rupees
• Profit After Tax: 1,530.00 million rupees
• Earnings Per Share (EPS): 8.54 rupees

Operational Highlights

The company's performance during the quarter was affected by extended monsoons. However, Prakash Industries remains optimistic about future prospects, citing recent GST reforms and the resumption of construction and infrastructure activities as potential catalysts for increased steel demand in the coming quarters.

Coal Extraction

During Q2, Prakash Industries extracted approximately 197,000 MT of coal from its Bhaskarpara Commercial Coal Mine. Of this, 3,000 MT was sold, while the remaining quantity was used for steel production at the company's integrated steel plant in Champa. Despite lower coal extraction due to prolonged monsoons, the company maintains its target of extracting over 1 million tonnes of coal in the current financial year.

Management Commentary

The company's management expressed hope for improved performance in the ensuing quarters, driven by favorable market conditions and internal operational efficiencies.

Looking Ahead

While the current results show a decline in profitability, Prakash Industries appears to be positioning itself for potential growth opportunities in the steel sector. The company's focus on coal extraction and optimism regarding increased steel demand suggest a strategic approach to navigating current market challenges.

Investors and market observers will likely keep a close watch on how Prakash Industries capitalizes on the expected boost in steel demand and manages its operational costs in the coming quarters.