Kalyani Steels Reports 11% Decline in Q4 Profit Amid Revenue Drop
Kalyani Steels Q4 PAT slides 11% YoY to Rs 72 crore
Business Standard
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Kalyani Steels experienced a 10.51% year-on-year decrease in consolidated net profit, totaling ₹71.77 crore for Q4 FY26, alongside an 11% decline in revenue to ₹484.39 crore. The company has proposed a ₹10 dividend per share and appointed a new CFO.
- 01Consolidated net profit fell to ₹71.77 crore in Q4 FY26.
- 02Revenue from operations decreased by 11% to ₹484.39 crore.
- 03Total expenses dropped by 10.98% year-on-year.
- 04The board recommended a dividend of ₹10 per share.
- 05Bantu Upendra Kumar Patro appointed as CFO effective May 9, 2026.
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Kalyani Steels reported a 10.51% year-on-year decline in consolidated net profit, reaching ₹71.77 crore for the fourth quarter of fiscal year 2026 (Q4 FY26). Revenue from operations also fell by 11%, totaling ₹484.39 crore compared to the previous year. Profit before tax (PBT) decreased by 8.66% to ₹98.71 crore. Total expenses saw a reduction of 10.98% year-on-year, amounting to ₹400.53 crore. The company noted a decrease in the cost of raw materials consumed, which stood at ₹253.39 crore, down 11.41% from the previous year, and employee benefit expenses fell by 11.48% to ₹19.73 crore. The board has recommended a dividend of ₹10 per equity share, representing 200% for FY26, and has approved the appointment of Bantu Upendra Kumar Patro as the Chief Financial Officer (CFO) starting May 9, 2026. Following the announcement, shares of Kalyani Steels fell 3.59%, closing at ₹863 on the Bombay Stock Exchange (BSE).
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The decline in profits and revenue may affect investor confidence and could lead to a potential decrease in stock prices, impacting shareholders.
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