Mukand's Q1 FY 2026-27 Quarterly Results

Result Summary

• Mukand Ltd reported a 17.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 25.7%.
• Its expenses for the quarter were up by 4.7% QoQ and 24.5% YoY.
• The net profit decreased 89.7% QoQ and increased 97.6% YoY.
• The earnings per share (EPS) of Mukand Ltd stood at 3.97 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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

Company Overview

Mukand Ltd is a prominent company engaged in the business of manufacturing specialty steel products and heavy machinery. The company operates within the industrial manufacturing sector, primarily focusing on steel products that cater to various industries, including automotive, engineering, and construction. Mukand Ltd is known for its range of alloy and stainless steel products, as well as its capabilities in designing and manufacturing complex machinery and equipment. As of the latest available data, there are no specific recent developments provided, but the company's core business activities revolve around its established product lines in the steel and machinery sectors.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Mukand Ltd reported a total income of ₹1,467.25 crores. This represents a decrease of 17.5% compared to the previous quarter (Q4FY26), where total income was ₹1,777.43 crores. However, when compared to the same quarter in the previous year (Q1FY26), there was a significant year-over-year increase of 25.7%, with total income in Q1FY26 being ₹1,167.39 crores. The data highlights a notable annual growth in revenue despite the quarter-over-quarter decline.

Profitability

For Q1FY27, Mukand Ltd's profit before tax stood at ₹60.22 crores, marking an 86.1% decline from the ₹433.77 crores reported in Q4FY26. On a year-over-year basis, the profit before tax increased by 59.9% from ₹37.67 crores in Q1FY26. The tax expense for Q1FY27 was ₹2.86 crores, which contrasts sharply with a tax benefit of ₹121.21 crores in Q4FY26 and a tax expense of ₹8.64 crores in Q1FY26. Profit after tax in Q1FY27 was ₹57.36 crores, down 89.7% from the previous quarter's ₹554.98 crores but up 97.6% from ₹29.03 crores in Q1FY26. Earnings per share showed a similar pattern, with Q1FY27 at ₹3.97, decreasing significantly from ₹38.41 in Q4FY26, yet nearly doubling from ₹2.01 in Q1FY26.

Operating Metrics

Mukand Ltd's total expenses in Q1FY27 amounted to ₹1,407.03 crores, which is a 4.7% increase from the previous quarter's expenses of ₹1,343.66 crores. Compared to Q1FY26, total expenses rose by 24.5% from ₹1,129.72 crores. The operating performance, reflected in the rise in total expenses, suggests a higher cost base associated with the increased scale of operations. These metrics provide insight into the company's operational scale and cost dynamics over the reported periods.