MSP Steel & Power's Q3 FY 2025-26 Quarterly Results
- 15 Feb 2026
Result Summary
- MSP Steel & Power Ltd reported a 5.7% quarter-on-quarter (QoQ) decrease 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 10.9%.
- Its expenses for the quarter were down by 6.9% QoQ and 13.2% YoY.
- The net profit decreased 107.3% QoQ and decreased 33.2% YoY.
- The earnings per share (EPS) of MSP Steel & Power Ltd stood at 0.1 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 639.06 | 678.03 | 717.31 | -5.7% | -10.9% |
Total Expenses | 631.04 | 677.65 | 727.04 | -6.9% | -13.2% |
Profit Before Tax | 7.27 | -100.50 | -9.72 | -107.2% | -174.8% |
Tax | 1.80 | -25.73 | -17.93 | -107.0% | -110.0% |
Profit After Tax | 5.49 | -74.76 | 8.22 | -107.3% | -33.2% |
Earnings Per Share | 0.10 | -1.32 | 0.18 | -107.6% | -44.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
MSP Steel & Power Ltd is a prominent company within the steel and power sector in India. The company primarily focuses on the production of steel products, which include TMT bars, billets, and structural steel. Additionally, it engages in power generation activities, thus serving both the steel manufacturing and energy production markets. As of the latest updates available until October 2023, there are no specific details regarding any significant new developments or changes in the company’s operations or market strategy. The company operates in a highly competitive industry that is influenced by factors such as raw material prices, government policies, and global economic conditions.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), MSP Steel & Power Ltd reported a total income of ₹639.06 crores. This represents a decrease from the previous quarter (Q2FY26), where the total income was ₹678.03 crores, resulting in a quarter-over-quarter decline of 5.7%. Comparatively, from the same quarter in the previous fiscal year (Q3FY25), the total income was ₹717.31 crores, indicating a year-over-year decline of 10.9%. The downward trend in revenue over these periods highlights a reduction in the company's sales or revenue-generating activities.
Profitability
For Q3FY26, the company recorded a Profit Before Tax (PBT) of ₹7.27 crores, a significant improvement from a loss of ₹100.50 crores in Q2FY26, marking a dramatic quarter-over-quarter change of -107.2%. When compared to Q3FY25, where there was a loss of ₹9.72 crores, this indicates a substantial year-over-year improvement of -174.8%. The Tax for Q3FY26 was reported at ₹1.80 crores, compared to a negative tax figure of ₹25.73 crores in Q2FY26 and ₹17.93 crores in Q3FY25. The Profit After Tax (PAT) stood at ₹5.49 crores for Q3FY26, contrasting with a loss of ₹74.76 crores in Q2FY26 and a profit of ₹8.22 crores in Q3FY25, reflecting a quarter-over-quarter improvement of -107.3% and a year-over-year decline of 33.2%. The Earnings Per Share (EPS) for Q3FY26 was ₹0.10, improving from a negative ₹1.32 in Q2FY26, but declining from ₹0.18 in Q3FY25, showcasing changes of -107.6% QoQ and -44.4% YoY.
Operating Metrics
During Q3FY26, MSP Steel & Power Ltd reported total expenses of ₹631.04 crores, decreasing from ₹677.65 crores in Q2FY26, which indicates a quarter-over-quarter reduction of 6.9%. When compared to Q3FY25, where expenses were ₹727.04 crores, this marks a year-over-year decrease of 13.2%. These figures suggest a significant reduction in the company’s operational costs over the year. The data shows that despite a drop in revenue, the company managed to reduce its expenses more significantly, which contributed to the improvement in profitability metrics. Additionally, while specific financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not provided in the data, the available figures illustrate key trends in income, expenses, and profitability.