Bajaj Steel Industries (BAJAJST) Q4 02/03 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 02/03 earnings summary
16 Oct, 2026Executive summary
FY ended 31 Mar 2003 total sales and other income rose to ₹778.7m from ₹686.3m; net profit increased to ₹6.82m from ₹2.93m.
Steel operations remained weak amid unorganised-sector competition; plastic margins were under pressure.
Financial highlights
Sales ₹707.65m vs ₹598.99m YoY; other income ₹71.05m vs ₹87.32m, bringing total income to ₹778.70m vs ₹686.31m.
Gross profit ₹49.29m vs ₹47.78m; profit before tax and profit after tax both ₹6.82m vs ₹2.93m.
Materials expense rose to ₹416.12m from ₹338.34m; interest expense fell to ₹25.45m from ₹27.66m.
Outlook and guidance
First-quarter sales in the current year were ₹174.19m vs ₹134.43m in the corresponding prior-year period.
Directors were seeking to improve performance amid recessionary industry conditions and pressure on division performance and margins.
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