Prabhu Steel Industries Limited released its Q1 financial results, showing a 90% quarter-on-quarter increase in revenue to ₹480.61 crore. However, profit after tax decreased by 49% to ₹8.80 crore. Total income rose to ₹487.22 crore, but expenses also increased significantly. The company's earnings per share dropped to ₹1.23 from ₹2.42 in the previous quarter. The Board of Directors approved these unaudited results on August 4. Prabhu Steel Industries continues to focus solely on the iron and steel trading segment.