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Prakash Steelage Q3 FY26 Revenue Up 27% YoY to ₹24.45 Cr; PAT Declines to ₹33.46 Lakhs
Prakash Steelage reported a 27.1% year-on-year growth in revenue from operations, reaching ₹2,445.12 Lakhs for the quarter ended December 31, 2025. Despite the revenue growth, Net Profit after Tax (PAT) fell significantly by 50.5% YoY to ₹33.46 Lakhs, down from ₹67.58 Lakhs in the same period last year. This decline is largely attributed to a sharp increase in the cost of materials consumed, which rose to ₹1,921.71 Lakhs from ₹930.37 Lakhs YoY. However, on a sequential basis, the company showed a recovery in profitability compared to the ₹8.72 Lakhs PAT reported in Q2 FY26.
Key Highlights
Revenue from operations increased to ₹2,445.12 Lakhs in Q3 FY26 from ₹1,924.20 Lakhs in Q3 FY25.
Net Profit after Tax (PAT) stood at ₹33.46 Lakhs, a decline from ₹67.58 Lakhs in the year-ago quarter.
Cost of materials consumed surged to ₹1,921.71 Lakhs, representing nearly 78% of total revenue.
Nine-month (9M FY26) revenue grew to ₹6,504.01 Lakhs compared to ₹5,526.20 Lakhs in 9M FY25.
Basic and Diluted EPS for the quarter decreased to ₹0.02 from ₹0.04 YoY.
💼 Action for Investors
Investors should be cautious as rising raw material costs are significantly impacting margins despite strong top-line growth. Monitor the company's ability to pass on these costs to customers in future quarters before making fresh positions.