Sunflag Iron and Steel Company Limited has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. On a standalone basis, the company reported a profit of ₹6,396 Lakhs for the quarter, compared to ₹3,395 Lakhs in the previous quarter. The consolidated profit after tax stood at ₹6,605 Lakhs for the same period. The company also reported comprehensive income figures for both standalone and consolidated operations.
Sunflag Iron and Steel: Financial Highlights for Q1 FY27
Sunflag Iron and Steel Company Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The review and approval of these results were completed by the company’s audit committee and Board of Directors on August 11, 2026.
Standalone Performance
For the quarter ended June 30, 2026, the standalone revenue from operations stood at ₹1,07,895 Lakhs. Total income for the period was ₹1,08,946 Lakhs. Expenses amounted to ₹1,00,354 Lakhs. Profit before tax was reported at ₹8,592 Lakhs. After accounting for tax expenses of ₹(2,473) Lakhs, the net profit after tax for the standalone entity was ₹6,396 Lakhs. Total comprehensive income for the standalone operations was ₹2,82,551 Lakhs.
Consolidated Performance
On a consolidated basis, the Group reported revenue from operations of ₹1,01,281 Lakhs and total income of ₹1,03,229 Lakhs for the quarter ended June 30, 2026. Total expenses were ₹95,097 Lakhs. Profit before tax for the consolidated entity was ₹8,132 Lakhs. After tax expenses of ₹(2,189) Lakhs, the net profit after tax attributable to owners was ₹6,204 Lakhs. The total comprehensive income for the consolidated operations was ₹1,60,827 Lakhs.
Key Financial Metrics
Earnings per share (EPS) on a standalone basis were ₹3.55 (basic and diluted) for the quarter. Consolidated EPS stood at ₹3.44.
Notes on Financials
The financial results have been prepared in accordance with Indian Accounting Standard 34 (Ind AS-34), “Interim Financial Reporting”, and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates in a single segment, ‘Iron & Steel Business’, primarily within India. Other comprehensive income primarily relates to MTM gain on equity shares held in Lloyds Metal & Energy Limited.
Source: BSE