Results - Announcements
Zenith Steel Pipes & Industries Ltd share price ticked higher by 1.85% to Rs 4.96 after the company's net profit tumbled by 29.55% to Rs 0.31 crore, while revenue from operations increased sharply by 73.68% to Rs 12.47 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.38 lakh crore, gaining 6.59%. It has inched up 4.71% over last one week and climbed by 10.67% in last one month while the market capitalization of Zenith Steel Pipes & Industries Ltd has marginally improved by 1.42% and 7.63% in the same period respectively.
Profit before tax (PBT) of Zenith Steel Pipes & Industries Ltd stood at Rs 0.31 crore in Q3 FY26, crashing by 56.94% year-on-year, and tanking 29.55% quarter-on-quarter. EBITDA came in at Rs 5 crore, tumbling by 57.67% YoY and rallying 203.95% sequentially.
Total expenses soared by 92.02% to Rs 14.92 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 7.95 crore, witnessing a sharp rise of 162.38% YoY, while employee benefits expense was at Rs 1.11 crore, dipping slightly 0.89% YoY.
For the TTM ended FY26, revenue from operations slumped by 55.18% to Rs 53.38 crore, while net profit surged by 827.08% to Rs 4.45 crore, compared to previous TTM. EBITDA tanked by 1644% to Rs 40.04 crore, and PBT jumped 827.08% to Rs 4.45 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1.04 crore in FY26, as against Rs 3.94 crore in FY25.
Zenith Steel Pipes & Industries Ltd plunged by 39.22% in last one year, underperforming the benchmark BSE Sensex which has eased by 4.80% during the same period.