Mukand Share Price Today

Mukand Ltd Q1 Results: Net profit up 73% YoY to ₹61.33 crore

Mukand Ltd posted a 20% YoY revenue increase to ₹1,325.68 crore and a 73% jump in standalone net profit to ₹61.33 crore for Q1FY26. Consolidated PAT more than doubled to ₹57.36 crore. The company also sold land assets, with proceeds booked in other income, and marked another parcel as held for sale.

Mukand Limited shareholders approve dividend and NCDs with 99.99% support

Shareholders of Mukand Limited unanimously approved key resolutions including a ₹3 dividend and NCD issuance at its 88th AGM. The scrutinizer report confirms 99.99% approval across all items, with over 110 crore votes cast electronically.

Mukand Q1FY26 Net Profit Jumps 97% to ₹57.36 Crore on Steel Segment Surge

Mukand reported a 97% YoY rise in Q1FY26 consolidated net profit to ₹57.36 crore, with revenue up 20.6% to ₹1,362.21 crore, driven by the Specialty Steel segment. EBITDA declined to ₹70 million from ₹480 million YoY, with margins contracting to 0.51% from 4.17%, while consolidated other income surged to ₹1.05 billion versus ₹387 million, supported by significant land sale gains at Kalwe and Dighe.

Mukand fixes Aug 7 record date for Rs 3 dividend

Mukand Limited has fixed August 07, 2026, as the record date for a ₹3 per equity share dividend, pending shareholder approval at the 88th AGM on August 12, 2026. The AGM will be held via video conferencing and includes the adoption of financial statements for FY 2025-26 and a proposal to raise ₹500 crore via NCDs. Remote e-voting is available from August 09 to August 11, 2026.

Mukand Ltd signs term sheet to sell Kalwa land for ₹506 crore

Mukand Limited has entered into a term sheet with AGP DC Infra Private Limited to sell land parcels in Kalwa, Thane, for approximately ₹506 crore. The deal includes about 9.2 acres of land and non-exclusive rights of way, with an advance of ₹10 crore already received. The transaction is subject to various government approvals and due diligence outcomes.

Mukand FY26 Net Profit Soars to ₹604.15 Cr

Mukand Limited's FY26 consolidated net profit surged to ₹604.15 crore from ₹75.89 crore in FY25, supported by a substantial rise in other income to ₹553.70 crore. The Board recommended a total dividend of ₹3 per share, including a special payout, and approved a ₹160 crore fund infusion into subsidiary MHEL following the slump sale of its Industrial Machinery Division.