Meenakshi Steel Industries Ltd
Meenakshi Steel Industries: Q2 FY27 Consolidated Net Profit at Rs. 27.07 Lakhs
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 04:54 PM IST · BSE ID: ddc609d7-6ecc-407b-b12a-d167fe94c7bb
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released its financial results showing a consolidated net profit of Rs. 27.07 Lakhs for the quarter.
🤖 AI Summary
- Consolidated Net Profit after Tax and Share in Associates was Rs. 27.07 Lakhs for Q2 FY27.
- Total Consolidated Income for the quarter ended September 30, 2026, stood at Rs. 143.42 Lakhs.
- Standalone Net Profit after Tax for Q2 FY27 was Rs. 1.70 Lakhs.
- Standalone Total Income for the quarter ended September 30, 2026, reached Rs. 143.42 Lakhs.
- The company's primary engagement is in Finance & Investment activities, as per Ind AS 108.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Consolidated Net Profit After Tax and Share in Associates (Q2 FY27)
27.07 Lakhs
Consolidated Total Income (Q2 FY27)
143.42 Lakhs
Standalone Net Profit After Tax (Q2 FY27)
1.70 Lakhs
Standalone Total Income (Q2 FY27)
143.42 Lakhs
Cash and Cash Equivalents (Consolidated, as at 30.09.2026)
91.10 Lakhs
Cash and Cash Equivalents (Consolidated, as at 31.03.2026)
766.80 Lakhs
🏢 How This Affects the Company
The company's continued operations in Finance & Investment activities are reflected in the reported interest and dividend income.
Consolidated Net Profit after Tax for Q2 FY27 was Rs. 27.07 Lakhs, with total consolidated income at Rs. 143.42 Lakhs. Standalone Net Profit was Rs. 1.70 Lakhs.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, which showed a consolidated net profit of Rs. 27.07 Lakhs for Q2 FY27.
🔍
Management Signal
The Board's approval of the unaudited financial results signals routine compliance and reporting of the company's performance for the period.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — review revenue and profit trends.
Annual financial results — assess full-year performance and cash flow.
Updates on borrowing levels — monitor changes in financial liabilities.
MEDIUM RISK
Significant decrease in cash and cash equivalents, and negative net cash flow from operating and investing activities.
💡 Investor Takeaway
Meenakshi Steel Industries reported consolidated Net Profit after Tax and Share in Associates of Rs. 27.07 Lakhs for Q2 FY27, with total consolidated income at Rs. 143.42 Lakhs. Standalone Net Profit was Rs. 1.70 Lakhs for the quarter ended September 30, 2026. Cash and Cash Equivalents declined to Rs. 91.10 Lakhs by Q2 FY27 from Rs. 766.80 Lakhs in March 2026.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Net Profit after Tax and Share in Associates was Rs. 27.07 Lakhs for the half year ended September 30, 2026.
- Consolidated Total Income for the half year ended September 30, 2026, was Rs. 357.85 Lakhs.
⚠️ Concerns
- Standalone Net Profit after Tax decreased to Rs. 1.70 Lakhs in Q2 FY27 from Rs. 9.42 Lakhs in Q1 FY27.
- Cash and Cash Equivalents significantly decreased to Rs. 91.10 Lakhs as of September 30, 2026, from Rs. 766.80 Lakhs at March 31, 2026.
❓ Frequently Asked Questions
What was Meenakshi Steel Industries' consolidated net profit for Q2 FY27?
Meenakshi Steel Industries reported a consolidated Net Profit after Tax and Share in Associates of Rs. 27.07 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was the total consolidated income for Meenakshi Steel Industries in Q2 FY27?
The total consolidated income for Meenakshi Steel Industries for the quarter ended September 30, 2026, was Rs. 143.42 Lakhs.
How much cash and cash equivalents did Meenakshi Steel Industries have as of September 30, 2026?
As of September 30, 2026, Meenakshi Steel Industries had Cash and Cash Equivalents of Rs. 91.10 Lakhs.
What was the standalone net profit for Meenakshi Steel Industries in Q2 FY27?
The standalone Net Profit after Tax for Meenakshi Steel Industries for the quarter ended September 30, 2026, was Rs. 1.70 Lakhs.
Questions based on this BSE filing only. For information purposes.