Mukand Limited Reports Robust Q1 FY2026 Results with 435.8% QoQ Surge in Net Profit
Mukand Limited reported robust Q1 FY2026 results with total income at Rs 1,102.39 crore, up 4.1% QoQ. Net profit surged 435.8% QoQ to Rs 35.47 crore, while EBITDA margin improved to 8.3%. The company completed a demerger of its stainless steel business and signed a land sale agreement for Rs 673.00 crore. Management highlighted successful transformation and focus on high-margin stainless steel production.
08Aug 25
Mukand Limited Reports Q1 Results with 108.65% Jump in Standalone Profit
Mukand Ltd., a specialty steel manufacturer, reported a significant increase in profit for Q1. Standalone profit rose 29.12% to ₹35.47 crore, while consolidated profit jumped 166.33% to ₹29.03 crore. Revenue slightly decreased on a standalone basis but increased on a consolidated level. The company executed a land sale agreement for ₹673 crore and approved the transfer of part of its Industrial Machinery Division to a subsidiary.
23Jul 25
Mukand Limited Inks Rs. 673 Crore Land Sale Deal in Thane
Mukand Limited has entered into an agreement to sell 17.77 acres of land in Kalwe and Dighe, Thane district, for Rs. 673 crore to AGP DC INFRA PRIVATE LIMITED. The deal includes 50% rights to an access road and a perpetual right of way. An advance of Rs. 110 crore has been paid. The sale is subject to government approvals and due diligence, expected to complete within 30 days of meeting conditions. This non-related party transaction will not impact Mukand's core operations.
16May 25
Mukand Limited to Restructure: Plans Partial Transfer of Industrial Machinery Business
Mukand Limited announced plans to transfer a portion of its industrial machinery business to Mukand Heavy Engineering as part of a restructuring initiative. The company has not disclosed specific details about the scope, timeline, or financial implications of this transfer. This move could potentially impact shareholders, employees, customers, and suppliers, though the exact effects remain unclear due to limited information.
16May 25
Mukand's Q4 Profit Dips, Recommends ₹2 Per Share Dividend
Mukand Ltd's Q4 results show a 62.54% drop in net profit to ₹109 million, with revenue falling 10.65% to ₹11.07 billion. EBITDA decreased to ₹651.30 million, and EBITDA margin contracted to 5.88%. Despite challenges, the board recommended a dividend of ₹2.00 per equity share.