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CIN- L67120MH1995PLC084899
  

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Meenakshi Steel Ind. Q2 net profit down 86.44% at Rs 0.08 cr

Source By

Dion Global

04 Nov 2026

The company reported standalone net profit of Rs 0.08 crore for the quarter ended September 30, 2026 as compared to Rs 0.59 crore in the same period last year, registering a year-on-year decline of 86.44 per cent.

Net revenue of the company declined by 0.00 per cent at Rs 4.81 crore in July-September quarter of this fiscal as against Rs 4.81 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 7.69 per cent to Rs 0.12 crore from Rs 0.13 crore in year ago period.

Other Income dipped by 200.00 per cent at Rs -0.01 crore versus (Sep'25 Rs 0.01 crore).

Operating Profit surged by 0.21 per cent to Rs 4.69 crore as against Rs 4.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.14 per cent in September quarter.

Interest grew by 17.01 per cent y-o-y to Rs 4.54 crore, while Taxation decreased by 72.73 per cent at Rs 0.06 crore (Sep'25 Rs 0.22 crore).