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Prakash Steelage's Profits Plunge 68% Despite 30% Sales Surge
14 Nov
Summary
- Prakash Steelage's net profit declined 67.86% in Q3 2025
- Sales rose 30.18% to Rs 25.06 crore in Q3 2025
- Operating profit margin fell from 1.09% to 1.20% in Q3 2025
In the quarter ended September 2025, Prakash Steelage experienced a significant decline in its net profit, even as its sales rose substantially. The company's net profit dropped by 67.86% to Rs 0.09 crore, compared to Rs 0.28 crore in the previous quarter ended September 2024.
However, Prakash Steelage's sales increased by a notable 30.18%, rising from Rs 19.25 crore in Q3 2024 to Rs 25.06 crore in Q3 2025. Despite the sales growth, the company's operating profit margin (OPM) fell from 1.09% to 1.20% during the same period.
The decline in net profit can be attributed to a combination of factors, including increased expenses and a drop in profitability. Prakash Steelage will need to closely examine its operations and cost structure to address the challenges it is facing and improve its financial performance in the coming quarters.
