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Steel Tubes Sees Profit Soar 222% in Q1
9 May
Summary
- Net profit surged 221.53% to Rs 53.31 crore in March 2026 quarter.
- Sales increased by 38.37% to Rs 685.31 crore in the same period.
- Full-year profit rose 148.21% to Rs 142.15 crore for March 2026.
Sambhav Steel Tubes has reported exceptional financial results for the quarter ending March 2026. The company's net profit soared by an impressive 221.53%, reaching Rs 53.31 crore. This marks a significant increase from the Rs 16.58 crore profit recorded in the same quarter of the previous year.
Supporting this profit growth, sales for the quarter climbed by 38.37% to Rs 685.31 crore, up from Rs 495.26 crore. The company's strong performance extended to the full fiscal year ending March 2026.
For the entire year, net profit rose substantially by 148.21% to Rs 142.15 crore. Annual sales also saw a considerable increase of 59.67%, totaling Rs 2413.24 crore compared to Rs 1511.36 crore in the prior fiscal year.
