Pradeep Metals Limited announced its Q1 FY26 results. Consolidated revenue increased by 8.4% to ₹775.28 crores, while profit decreased by 20.4% to ₹556.54 crores compared to Q1 FY25. Standalone revenue grew by 12.8% to ₹734.09 crores, but profit fell by 20.6% to ₹463.41 crores. The closed die steel forging and processing segment generated ₹7,689.44 crores, while power generation contributed ₹139.44 crores. Export sales to US subsidiaries amounted to ₹250.85 crores.
Pradeep Metals Limited, a manufacturer of closed die steel forgings, reported robust Q4 financial results. Revenue increased by 13.58% to ₹840.50 crore, while net profit grew by 27.59% to ₹72.60 crore compared to the same quarter last year. The company's EBITDA rose to ₹121.80 crore with an improved margin of 14.49%. Pradeep Metals also recommended a final dividend of ₹2.50 per equity share.