Inducto Steel Share Price Today

Inducto Steel Q2FY27 Results: Net profit turns positive at ₹299 lakh

Standalone net profit for Q2FY27 turned positive at ₹298.87 lakh against a loss of ₹74.54 lakh in Q2FY26. Revenue from operations surged to ₹7,932.32 lakh in Q2FY27 from ₹2,172.32 lakh in the prior year quarter. Basic earnings per share improved to ₹7.44 for the quarter, compared to a negative ₹1.86 in Q2FY26. Auditor flagged recoverability risk on ₹20.26 crore invested in a partnership firm for an uncommenced joint venture.

Inducto Steel shareholders approve FY26 financials; public dissent noted

All three ordinary resolutions passed at Inducto Steel's 38th AGM. Promoter group voted 100% in favour across all agenda items. Public non-institutional investors voted 96.80% against all resolutions. Total voting participation reached 22.97% of outstanding shares.

Inducto Steel promoter discloses SAST non-compliance on gift shares

Promoter Rajeev Reniwal acquired 1,53,375 shares via gift deed from his mother. Acquisition represents 3.82% of Inducto Steel's paid-up equity capital. Promoter group holding consolidated from 65.50% to 69.32%. Disclosure addresses inadvertent non-compliance with SEBI SAST prior intimation rules.

Inducto Steel sets Sept 30 for 38th AGM to adopt FY26 financials

Inducto Steel schedules its 38th AGM for September 30, 2026, via video conferencing. Key agenda includes adopting FY26 financials and re-appointing director Mrs. Sweety Reniwal. Cost auditor M/s. Kewlani & Associates seeks approval for ₹40,000 remuneration. Remote e-voting runs from September 27 to September 29, 2026. Company urges physical shareholders to update KYC details per SEBI circulars.

Inducto Steel Q1FY26: Net profit turns positive, revenue up 73%

Inducto Steel returned to profit in Q1FY26 with PAT of ₹128.67 lakh vs loss of ₹24.76 lakh in Q1FY25. Revenue jumped 73% to ₹79.38 crore. Bhavnagar segment drove growth with ₹60.26 crore revenue and ₹559.83 lakh profit. Auditors flagged ₹24.44 crore recoverability risk in partnership investments.

Inducto Steel returns to profitability in FY26

Inducto Steel Limited returned to profitability in FY26 with a net profit of ₹53.64 lakh against a loss of ₹371.86 lakh in FY25. Revenue from operations increased to ₹16,570.97 lakh. The board approved the audited results and appointed M/s. Kewlani & Associates as Cost Auditor and Mr. Satish Diwate as Internal Auditor. The auditor flagged a recoverability risk regarding ₹20.51 crore invested in a partnership firm for a joint venture that has not commenced.