New Delhi, August 14, 2025 — Nova Iron & Steel Ltd. announced its unaudited financial results for the quarter ended June 30, 2025, showcasing revenue growth and a positive bottom line compared to the previous quarter. The results were approved by the company’s Board of Directors at its meeting held today.
Key Financial Highlights – Q1 FY2025-26
- Revenue from operations stood at ₹11,297.09 lakh, reflecting an increase from ₹9,470.99 lakh in the preceding quarter.
- Other income contributed ₹14.54 lakh, taking the total income to ₹11,311.63 lakh.
- Total expenses amounted to ₹11,090.90 lakh, with major cost components being raw material consumption, employee benefits, and other operational expenses.
- Profit before tax for the quarter was ₹220.73 lakh, marking a profitable start to the financial year.
- Basic earnings per share (EPS) for the quarter stood at ₹0.61.
Operational Overview
The quarter’s performance reflects improved demand for steel products, steady production output, and enhanced cost management compared to previous periods. The company continues to optimize its supply chain and resource utilization to maintain healthy margins amid fluctuating raw material prices.
Outlook for the Coming Quarters
Nova Iron & Steel is optimistic about sustaining the growth momentum, with market conditions expected to stabilize in the second half of the fiscal year. The management aims to:
- Expand sales in key domestic markets.
- Continue cost efficiency measures to improve profitability.
- Invest in process improvements to enhance production capacity and quality.
