Sunflag Iron and Steel Company Reports Quarterly Financial Results Showing Varied Performance Across Standalone and Consolidated Filings
Sunflag Iron and Steel Company Limited released its unaudited financial results for the quarter ended June 30, 2026, providing detailed metrics across both standalone and consolidated operations. The company's management reported that the Group operates primarily in one segment: 'Iron & Steel Business,' with operations mainly concentrated within India.The detailed financial performance data reflects how the company stands against previous periods and internal benchmarks. Key figures are presented below for both the quarterly unaudited results (Q ended June 30, 2026) and the corresponding audited annual results (Year ended March 31, 2026), with all amounts stated in Lakhs unless otherwise indicated.
Financial Performance Highlights
The following tables outline the income statement details for both standalone and consolidated financial performance.Standalone Financial Results Summary (Amounts in Lakhs):
| Particulars | Q Ended June 30, 2026 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from operations | 1,07,895 | 1,00,069 |
| Other income | 1,051 | 296 |
| Total income | 1,08,945 | 1,00,355 |
| Cost of materials consumed | 67,262 | 59,923 |
| Changes in inventories of finished goods and work-in-progress | 747 | 189 |
| Employees benefits expense | 4,312 | 3,803 |
| Finance costs | 1,401 | 1,766 |
| Depreciation and amortisation expense | 2,990 | 2,837 |
| Other expenses | 24,222 | 23,746 |
| Expenses (Total) | 1,00,354 | 92,264 |
| Before share of profits/(loss) in joint ventures | 8,592 | 8,101 |
| Exceptional items Gain/(Loss) | NA | - |
| Profit before tax | 8,592 | 8,132 |
| Net profit after tax | 5,396 | 6,204 |
| Profit attributable to Owners equity | 6,396 | 6,204 |
| Comprehensive income/(loss) | 2,82,357 | 1,60,827 |
| EPS (Basic and diluted) | 3.55 | 3.44 |
Consolidated Financial Results Summary (Amounts in Lakhs):
| Particulars | Q Ended June 30, 2026 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from operations | 1,07,895 | 1,00,069 |
| Other income | 1,052 | 299 |
| Total income | 1,08,947 | 1,00,368 |
| Cost of materials consumed | 67,262 | 59,923 |
| Changes in inventories of finished goods and work-in-progress | 147 | 189 |
| Employees benefits expense | 4,332 | 3,803 |
| Finance costs | 1,40L | 1,766 |
| Depreciation and amortisation expense | 2,990 | 2,837 |
| Other expenses | 24,222 | 23,747 |
| Expenses (Total) | 1,00,354 | 92,265 |
| Before share of profits/(loss) in joint ventures | 8,593 | 8,103 |
| Exceptional items Gain/(Loss) | - | (870) |
| Profit before tax | 8,801 | 8,134 |
| Net profit after tax | 6,505 | 3,428 |
| Profit attributable to Owners equity | 6,605 | 3,427 |
| Comprehensive income/(loss) | 2,82,760 | (28,531) |
| EPS (Basic and diluted) | 3.66 | 1.90 |
Operational Details
The company’s operational focus remains concentrated in the 'Iron & Steel Business,' with operations mainly conducted within India. Other comprehensive income recognized is largely due to MTM gain on equity shares held by the Company in Lloyds Metal & Energy Limited (LMEL), which was recognized at its fair value as of June 30, 2025.For the consolidated view, the reporting includes results from subsidiaries—such as Sunflag Power Limited, Khappa Coal Company Private Limited, and Ramesh Sunwire Private Limited—as well as joint ventures including CT Mining Private Limited, Daido DMS India Private Limited, Madanpur (North) Coal Block Private Limited, and ReNew Green (MPR Three) Private Limited.
One joint venture, Madanpur (North) Coal Block Private Limited, was not consolidated due to a lack of unaudited interim financial results, and the investment in this particular joint venture is fully impaired.
SUNFLAG Stock Price Movement
Shares of Sunflag Iron And Steel Company Limited shed 3.11% in the market today, closing at ₹369 after trading down by ₹11.85 from its previous close. The stock saw heavy action during the session, recording a total traded volume of 222,995 shares.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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