Visa Steel's Q2 FY 2025-26 Quarterly Results
- 06 Jan 2026
Result Summary
- Visa Steel Ltd reported a 54.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 47.6%.
- Its expenses for the quarter were down by 40.7% QoQ and 38.9% YoY.
- The net profit decreased 568.1% QoQ and increased 386.1% YoY.
- The earnings per share (EPS) of Visa Steel Ltd declined at 1.75 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 79.08 | 171.85 | 150.86 | -54.0% | -47.6% |
Total Expenses | 99.30 | 167.54 | 162.52 | -40.7% | -38.9% |
Profit Before Tax | -20.22 | 4.32 | -4.16 | -568.1% | 386.1% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -20.22 | 4.32 | -4.16 | -568.1% | 386.1% |
Earnings Per Share | -1.75 | 0.37 | -0.36 | -573.0% | 386.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Visa Steel Ltd is a prominent player in the Indian steel industry, primarily engaged in the production of special steel products. The company operates within the manufacturing sector, focusing on the development and supply of steel for various industrial applications, including automotive, engineering, and construction. Visa Steel has established a reputation for its high-quality steel products, offering a diverse range of steel solutions to meet the specific needs of its clients. As of the latest available information, there are no significant recent developments or events that could impact the company's operations. Visa Steel continues to navigate the challenges and opportunities within the steel industry, emphasizing innovation and sustainability in its manufacturing processes.
Revenue
In the second quarter of the fiscal year 2026 (Q2FY26), Visa Steel Ltd reported a total income of ₹79.08 crores. This represents a significant decline of 54.0% compared to the previous quarter (Q1FY26), which recorded a total income of ₹171.85 crores. Furthermore, when compared to the same quarter in the previous fiscal year (Q2FY25), which had a total income of ₹150.86 crores, this quarter shows a year-over-year decrease of 47.6%. The company's revenue trend indicates a noticeable reduction in its income over both the quarter-over-quarter and year-over-year periods.
Profitability
For Q2FY26, Visa Steel Ltd's profitability was impacted, with the company experiencing a loss. The profit before tax stood at a negative ₹20.22 crores, a significant downturn from a positive ₹4.32 crores in Q1FY26, marking a quarter-over-quarter decline of 568.1%. Compared to Q2FY25, where the loss before tax was ₹4.16 crores, the year-over-year change was 386.1%. The profit after tax mirrored this trend, remaining at a negative ₹20.22 crores. Earnings per share (EPS) for this quarter were at a negative ₹1.75, contrasting with a positive ₹0.37 in the previous quarter and a negative ₹0.36 in the same quarter last year, reflecting a similar percentage change as profit metrics.
Operating Metrics
Visa Steel Ltd's total expenses for Q2FY26 amounted to ₹99.30 crores, which is a reduction of 40.7% from the previous quarter's expenses of ₹167.54 crores. Compared to Q2FY25, where expenses were ₹162.52 crores, there is a year-over-year decrease of 38.9%. This reduction in expenses did not translate into profitability, as the company's revenues also declined significantly. The absence of tax expenses remains consistent across the quarters, indicating no changes in tax liabilities or strategies. The financial performance in terms of operating metrics reflects challenges in maintaining profitability despite managing lower expenses.