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Maithan Alloys' revenue decreased 9.9% YoY
  • 31 Jan 2026
  • Maithan Alloys Ltd reported a 67.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 9.9%.
  • Its expenses for the quarter were down by 7.2% QoQ and 13.6% YoY.
  • The net profit decreased 177.9% QoQ and increased 2.7% YoY.
  • The earnings per share (EPS) of Maithan Alloys Ltd stood at 30.55 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Maithan Alloys Ltd is a well-established entity within the alloy manufacturing sector, primarily focusing on the production and sale of ferro alloys. These products are crucial for steel manufacturing, providing essential elements such as manganese alloys that enhance the quality and durability of steel products. Based in India, Maithan Alloys Ltd serves both domestic and international markets, supplying its products to major steel producers. As of the latest available updates, the company has not reported any major developments or changes in its business operations or strategy. It continues to focus on maintaining strong relationships with its clients and optimizing its production processes to align with market demands.

In the third quarter of fiscal year 2026 (Q3FY26), Maithan Alloys Ltd reported a total income of ₹565.80 crores. This marks a significant increase of 67.7% compared to the previous quarter (Q2FY26), where the total income was ₹337.36 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY25), which had a total income of ₹628.15 crores, there is a noted decrease of 9.9%. This year-over-year decline indicates a contraction in revenue compared to the previous year, despite the quarter-over-quarter growth. Such variations in revenue can be attributed to factors like changes in market demand, pricing adjustments, or shifts in production capacity.

For Q3FY26, Maithan Alloys Ltd reported a profit before tax of ₹121.52 crores, in stark contrast to a loss of ₹141.23 crores in the previous quarter (Q2FY26). This represents a substantial quarter-over-quarter improvement of 186.0%. On a year-over-year basis, the profit before tax increased by 6.8% from ₹113.73 crores in Q3FY25. The profit after tax for Q3FY26 was ₹92.74 crores, reversing the loss of ₹119.02 crores seen in Q2FY26. This change reflects a 177.9% improvement quarter-over-quarter and a 2.7% increase year-over-year from ₹90.32 crores in Q3FY25. The tax expense for Q3FY26 was ₹28.78 crores, which is a significant increase from Q2FY26's negative tax figure of ₹-22.21 crores and a 22.9% increase from Q3FY25's ₹23.41 crores.

Maithan Alloys Ltd's earnings per share (EPS) for Q3FY26 was reported at ₹30.55. This is a notable recovery from the negative EPS of ₹-41.55 in Q2FY26, indicating a 173.5% quarter-over-quarter change. However, when compared to the EPS of ₹31.20 in Q3FY25, there is a slight decrease of 2.1% year-over-year. The total expenses for the quarter were ₹444.28 crores, which is a reduction of 7.2% from Q2FY26's expenses of ₹478.59 crores and a 13.6% decrease from ₹514.42 crores in Q3FY25. This decrease in expenses could reflect cost-cutting measures or operational efficiencies that the company has implemented over the period. These metrics provide a quantitative view of the company's operational performance over the specified quarters.