News Details

( As on 15/11/2025 16:25)

Zenith Steel Pipes posts Q2 net profit of Rs 0.57 cr

The company reported standalone net profit during the quarter stood at Rs 0.57 crore compared to net loss of Rs 0.44 crore in the previous year quarter.

Net revenue of the company declined substantially by 54.24 per cent at Rs 13.76 crore in July-September quarter of this fiscal as against Rs 30.07 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 36.87 per cent to Rs 19.35 crore from Rs 30.65 crore in year ago period.

Other Income grew by 476.98 per cent at Rs 7.27 crore versus (Sep'24 Rs 1.26 crore).

Operating Profit surged by 863.79 per cent to Rs -5.59 crore as against Rs -0.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2016.15 per cent in September quarter.

Interest grew by 1.61 per cent y-o-y to Rs 0.63 crore