Niraj Cement Structurals Approves Q2 Unaudited Financial Results; Details of Standalone and Consolidated Performance Released

Niraj Cement Structurals Approves Q2 Unaudited Financial Results; Details of Standalone and Consolidated Performance Released​

Niraj Cement Structurals Limited released the unaudited financial results for the quarter ended June 30, 2026, after the Board of Directors considered and approved the figures. The company provided both standalone and consolidated statements detailing operational performance across multiple periods.

The management stated that the purpose of the Board meeting was to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board meeting took place on August 14, 2026.

Key Financial Highlights (Standalone)​

The company’s standalone results for the quarter reflect income from operations of 10,429.95 and other income of 707.07, leading to a total income of 11,137.02 lakh units. Total expenses were reported at 10,591.14 lakh units, resulting in a profit before exceptional items and tax of 545.88 lakh units.

The key financial metrics for the quarter are summarized below:

Consolidated Financial Performance​

The consolidated statements showed revenue from operations of 10,453.53 and other income of 698.59 lakh units for the quarter ended June 30, 2026. With total expenses amounting to 10,655.24 lakh units, the company registered a Net Profit for the Period of 356.64 lakh units.

The consolidated data is presented in the table below:

Operational and Accounting Notes​

The company’s financial statements include several material notes concerning operational processes:

• Joint Venture accounting: The results include turnover and costs related to joint venture entities, which are executed by partner companies under the supervision and control of Niraj Cement Structurals Limited.
• GST Investigation: In the current year ended March 31, 2021, the company faced a search and seizure operation by the Director General of GST Intelligence (DGGI) in Mumbai. The company has challenged the proceedings through a writ petition with the Gujarat High Court, and the matter remains sub-judice. A deposit of Rs. 108.40 Lacs was made under protest.
• Financial Instrument Assessment: Income Tax Assets (Net), amounting to Rs 2,068.82 Lakhs, are shown under "Other Non Current Assets." The company has received appeal orders for most years that favor the company, and management is confident of getting rectification done before the end of financial year 2026-27.

Future Corporate Schedule​

The Board meeting approved scheduled events for the corporation, including:

• The 28th Annual General Meeting (AGM) for the financial year 2025-26 is scheduled to be held on Monday, September 28, 2026, via Video Conferencing/Other Audio-Visual Means.
• The Register of Members and Share Transfer Books will remain closed from September 20, 2026, to September 28, 2026, for the purpose of the AGM.

NIRAJ Stock Price Movement​

Niraj Cement Structurals Limited shares slipped by 3.12% on Friday, closing at ₹28.20 as traders absorbed the decline. The stock tested near a session low of ₹28.00 and saw a day's volume totaling 110,215 shares.