Sunflag Iron & Steel Company Limited announced its unaudited financial results for the second quarter (Q2) and the first half (H1) of the fiscal year ending September 30, 2026. The company has submitted its standalone and consolidated financial statements, including the Statement of Assets and Liabilities and Cash Flow Statement, as reviewed by the Audit Committee and statutory auditors.
Financial Results for Q2 and H1 FY27 Announced
Sunflag Iron & Steel Company Limited has officially disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved and took on record these results following a meeting on November 13, 2026.
Standalone Financial Performance
The company presented its standalone financial statements, which encompass the Statement of Assets and Liabilities and the Cash Flow Statement for the specified periods. These results were prepared in accordance with the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Consolidated Financial Performance
In addition to standalone results, Sunflag Iron & Steel also released its unaudited consolidated financial results. These consolidated figures include the financial performance of its subsidiaries and joint ventures, providing a comprehensive view of the Group’s financial standing.
Auditor’s Review
Both the standalone and consolidated financial results underwent a limited review by the statutory auditors, Lodha & Co LLP. The auditors expressed an unmodified conclusion on these statements, confirming that the results are presented fairly in accordance with applicable accounting standards and regulatory requirements.
Key Financial Highlights (Standalone)
For the quarter ended September 30, 2026, the standalone Net profit/(loss) after tax stood at ₹5,833 lakhs. The Total comprehensive income/(loss) for the same period was ₹43,560 lakhs. For the half-year ended September 30, 2026, the standalone Net profit/(loss) after tax was ₹12,229 lakhs, with Total comprehensive income/(loss) reaching ₹3,26,111 lakhs.
Key Financial Highlights (Consolidated)
On a consolidated basis, the Net profit/(loss) after tax for the quarter ended September 30, 2026 was ₹5,884 lakhs. The Total comprehensive income/(loss) for the quarter was ₹43,611 lakhs. For the half-year ended September 30, 2026, the consolidated Net profit/(loss) after tax was ₹12,489 lakhs, and Total comprehensive income/(loss) was ₹3,26,371 lakhs.
Operational Segment
The company operates under a single business segment, ‘Iron & Steel Business’, with its primary operations located within India.
Source: BSE
