Archive · 23 Jul 2026
Magnus Steel & Infra Reports Strong Q1 FY27 Growth
Magnus Steel & Infra Limited had a very good first quarter in FY27.
Their revenue went up by 273.7% to Rs 7.30 crore, and their net profit increased by 490.6% to Rs 2.41 crore compared to the same period last year.
The company's EBITDA and earnings per share also improved significantly.
The chairman, Karron Naresh Bajaj, is happy with the results and believes the company is doing well.
They have also started supplying steel to Tata Motors for new projects, which should help them grow in the future.
Magnus Steel & Infra reported a 273.7% year-on-year increase in revenue to Rs 7.30 crore in Q1 FY27.
Net profit surged by 490.6% to Rs 2.41 crore compared to the same period last year.
EBITDA increased by 400.7% to Rs 2.41 crore, and EPS rose by 480.2% to Rs 7.13.
The company has become an approved steel supplier for Tata Motors' upcoming projects in Gujarat and Maharashtra.
Chairman Karron Naresh Bajaj expressed optimism about the company's future growth prospects.
- Who
- Magnus Steel & Infra Limited
- What
- Reported strong Q1 FY27 financial results
- When
- Quarter ended June 30, 2026
- Where
- Mumbai, India
- Why
- Due to higher revenue, better profitability, and improved operational efficiency
Positive Outlook
Cautious Outlook
Financial Performance
Positive Outlook
The company's strong Q1 FY27 performance indicates a successful business turnaround and operational efficiency.
Cautious Outlook
The performance is based on unaudited results, and future growth may depend on market conditions.
- Revenue
- Rs 7.30 crore (Q1 FY27)
- Revenue Growth
- 273.7% YoY
- Net Profit
- Rs 2.41 crore (Q1 FY27)
- Net Profit Growth
- 490.6% YoY
- EBITDA
- Rs 2.41 crore (Q1 FY27)
- EBITDA Growth
- 400.7% YoY
- EPS
- Rs 7.13 (Q1 FY27)
- EPS Growth
- 480.2% YoY
- Chairman
- Karron Naresh Bajaj
- Key Clients
- Tata Motors