Toll Free Number Toll Free: 1800 103 1369 Email Us Email Us: customercare@canmoney.in

Markets

Market

News Details

(06/11/2026 19:00)

Inducto Steel posts Q2 net profit of Rs 2.99 cr

The company reported standalone net profit during the quarter stood at Rs 2.99 crore compared to net loss of Rs 0.75 crore in the previous year quarter.

Net revenue of the company rose two fold by 265.19 per cent at Rs 79.32 crore in July-September quarter of this fiscal as against Rs 21.72 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 232.24 per cent to Rs 74.92 crore from Rs 22.55 crore in year ago period.

Other Income grew by 76.47 per cent at Rs 0.30 crore versus (Sep'25 Rs 0.17 crore).

Operating Profit surged by 636.59 per cent to Rs 4.40 crore as against Rs -0.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 246.83 per cent in September quarter.

Interest grew by 93.10 per cent y-o-y to Rs 0.56 crore, while Taxation increased by 475.00 per cent at Rs 1.05 crore (Sep'25 Rs -0.28 crore).