12,937.87 TRY BIST 100 BIST 100
51.57 EUR EUR EUR
44.47 USD USD USD
6.51 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.68 TRY Interest Interest
106.92 USD Fossil Oil Fossil Oil
5.53 USD Copper Copper
101.11 USD Silver Silver
107.51 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,692.61 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Mahamaya Steel Industries announces financial results

India-based steel producer Mahamaya Steel Industries reported a 100% increase in net profit for the quarter ending June 2025.

Mahamaya Steel Industries announces financial results

The company announced its consolidated financial results for the quarter ending June 2025. Net profit doubled compared to the same period last year, rising from 0.87 crore rupees to 1.74 crore rupees.

In contrast, sales revenue declined by 1.89%, falling from 211.03 crore rupees to 207.05 crore rupees. However, the operating profit margin increased from 1.90% to 2.36%.

Profit before depreciation and tax (PBDT) rose by 25%, from 3.08 crore rupees to 3.85 crore rupees. Profit before tax (PBT) also increased by 43%, reaching 1.70 crore rupees, up from 1.19 crore rupees.

Despite a slight decline in sales, Mahamaya Steel Industries managed to improve profitability and operational efficiency. The company’s efforts in cost control and productivity improvement were cited as having a positive impact on profit margins.

Experts note that closely monitoring the trend in sales revenue will be critical for the company’s future growth performance.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Egypt to impose a three-year safeguard duty on billet imports

Thursday, April 2, 2026

WSJ: Trump Administration Restructures Steel and Aluminum Tariffs

Thursday, April 2, 2026

An anti-dumping investigation has been launched into rebar imports from Egypt, China, Tunisia, and Türkiye

Thursday, April 2, 2026

European Union proposes measures to enhance stability in ETS

Thursday, April 2, 2026

A first in Türkiye from OYAK: Smart cranes to enter service at İsdemir port

Thursday, April 2, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now