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News Details

21/08/2026 23:00

Pradeep Metals Q1 net profit up 33.48% at Rs 6.18 cr

The company reported standalone net profit of Rs 6.18 crore for the quarter ended June 30, 2026 as compared to Rs 4.63 crore in the same period last year, registering a year-on-year growth of 33.48 per cent.

Net revenue of the company rose substantially by 22.63 per cent at Rs 90.02 crore in April-June quarter of this fiscal as against Rs 73.41 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 21.80 per cent to Rs 78.83 crore from Rs 64.72 crore in year ago period.

Other Income grew by 28.57 per cent at Rs 1.62 crore versus (Jun'25 Rs 1.26 crore).

Operating Profit surged by 28.77 per cent to Rs 11.19 crore as against Rs 8.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.98 per cent in June quarter.

Interest grew by 22.09 per cent y-o-y to Rs 1.99 crore, while Taxation increased by 46.45 per cent at Rs 2.27 crore (Jun'25 Rs 1.55 crore).