Usha Martin announced its Q3 2026 results, showcasing a notable increase in profitability. The company’s profit before tax from continuing operations reached ₹137.76 million. The Board of Directors approved the results, demonstrating strong financial performance and strategic growth. Earnings per share stood at ₹3.53. Despite challenges, Usha Martin maintains a strong market position.
Financial Performance Highlights
Usha Martin’s Q3 2026 results reveal a positive financial trajectory. The profit before tax from continuing operations stands impressively at ₹137.76 million. The company’s revenue from operations reached ₹917.05 million, reflecting solid business activity.
Key Financial Data
Here are some additional important financial metrics from the announcement:
- Other income: ₹4.10 million
- Total income: ₹921.15 million
- Total expenses: ₹774.69 million
- Share of profit of joint ventures: ₹4.65 million
- Earnings per equity share (Basic): ₹3.53
Segment Performance
The company’s revenue is primarily driven by two key segments:
- Wire & Wire Ropes: ₹893.58 million
- Others: ₹23.47 million
This segment breakdown underscores Usha Martin’s market focus and operational structure.
Legal Proceedings Update
The company provided an update on ongoing legal proceedings related to land parcels at Ranchi. Despite these challenges, Usha Martin maintains a strong legal position and continues to operate effectively. Management believes it has a strong case and no adjustments to the financial results were considered necessary.
Source: BSE
