Prakash Industries Ltd Reports Q1 Results, Highlights Improved EBITDA Margin and Coal Extraction Growth
Prakash Industries Limited has released its financial results for the quarter ended June 30, 2026. The company reported Net Sales of approximately 1032 Crores, down slightly from 1037 Crores in the corresponding quarter of the previous financial year. Despite the dip in sales, the company saw a healthy increase in EBITDA and achieved a higher margin in this period.The consolidated performance highlights indicate that the company managed to boost its EBITDA to approximately 154 Crores, up from 144 Crores in the last comparable quarter. This resulted in an improved EBITDA margin of 14.9%, compared to 13.9% in the previous financial year's corresponding period.
Profit after Tax for the quarter was reported at approximately 71 Crores, which is lower than the 91 Crores recorded during the last comparable quarter. This difference is attributed to the company having opted for the new tax regime under the Income Tax Act, 2025, effective from April 1, 2026, making tax exemption under section 80-IA of the Income Tax Act unavailable henceforth.
The operational segment saw a strong showing during the quarter. The company extracted approximately 3.3 lac MT of coal from its Bhaskarpara Coal Mine.
In terms of future expansion and production capacity, Prakash Industries Limited is targeting a total coal extraction volume of 1.2 Mn tonnes in the current financial year. This goal aligns with the Environmental Clearance granted by the Ministry of Environment, Forest and Climate Change dated June 1, 2026, which permits an increase in production capacity from 1.0 MTPA to 1.2 MTPA.
The core financial results for the quarter are summarized below:
| Metric | Current Quarter (Q) | Last Corresponding Quarter (LCY) |
|---|---|---|
| Net Sales | ~1032 Crores | ~1037 Crores |
| EBITDA | ~154 Crores | ~144 Crores |
| EBITDA Margin | 14.9% | 13.9% |
| Profit after Tax | ~71 Crores | ~91 Crores |
PRAKASH Stock Price Movement
Prakash Industries Limited shares slipped significantly today, closing at ₹122.70 after shedding 5.68%. The stock saw high trading volume of 584,286 shares in the post-market session, having touched a low of ₹120 during trade.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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