Vaswani Industries LimitedQ1 FY27 Results & Financial Update
Vaswani Industries Limited: Q1 FY27 standalone results and company financials – revenue ₹109.99 Cr, PAT ₹1.16 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Vaswani Industries price & chart
Quarter overview
Quarterly earnings analysis
Vaswani Industries Limited reported standalone revenue from operations of INR 109.99 crore for the quarter ended June 30, 2026.
Total income for Q1 FY27 reached INR 118.40 crore, supported by INR 0.62 crore in other income and segment-level operational streams.
Profit before tax (PBT) for the quarter stood at INR 4.54 crore, while profit after tax (PAT) was recorded at INR 1.16 crore after accounting for tax expenses.
Basic and diluted earnings per share (EPS) for the period were reported at INR 0.35 each.
The iron and steel segment recorded segment results of INR 8.10 crore, whereas the power segment contributed INR 2.60 crore in segment results before finance costs.
Total expenses for the quarter amounted to INR 113.87 crore, driven primarily by raw material consumption and inventory adjustments.
Total income for the quarter stood at INR 118.40 crore, incorporating other income of INR 0.62 crore alongside operating revenues.
01 · Business model
What does Vaswani Industries do?
Vaswani Industries Limited operates primarily in the iron and steel and power generation sectors, with its manufacturing facilities and registered office situated in Raipur, Chhattisgarh.
The company's core operational activities are structured around two key business segments: Iron & Steel, which involves the manufacturing and trading of sponge iron and allied steel products, and Power generation.
The economic model depends heavily on captive energy integration and industrial material consumption, aligning its steel manufacturing and power production output to regional and broader industrial demand.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹109.99 Cr |
| Total income | ₹118.40 Cr |
| Profit before tax | ₹4.54 Cr |
| Profit after tax | ₹1.16 Cr |
| EPS | ₹0.35 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 1.1% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 4.1% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹8.42 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from the Iron & Steel segment (including other income) was reported at INR 109.97 crore, while the Power segment (including other income) contributed INR 8.43 crore before inter-segment eliminations of INR 8.42 crore.
Generated INR 109.97 crore in total segment revenue including other income during Q1 FY27, serving as the core revenue engine for the company.
Contributed INR 0.84 crore in total segment revenue during the quarter from power generation and distribution activities.
What drove margins
Major expenses included INR 103.99 crore for the consumption of raw materials and inventory adjustments reflecting a negative change in finished goods inventories of INR 17.20 crore.
Finance costs for the quarter stood at INR 6.16 crore, while depreciation and amortisation expenses amounted to INR 3.97 crore.
Material consumption costs stood at INR 103.99 crore for the quarter, forming the largest component of total operating expenses.
Finance expenses accounted for INR 6.16 crore during Q1 FY27, impacting profitability before tax.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The segment generated net revenue of INR 101.56 crore after inter-segment adjustments and posted a segment result of INR 8.10 crore.
The power segment generated net revenue of INR 0.01 crore after inter-segment eliminations and recorded a segment result of INR 2.60 crore.
The segment reported a profit of INR 8.10 crore (INR 809.85 lakh) before finance costs and unallocated expenses.
05 · Reported developments
What changed operationally
The company maintained positive profitability across both its iron and steel and power segments during the quarter, resulting in a net profit after tax of INR 1.16 crore.
06 · Beyond the numbers
What changed beyond the numbers
Board Approval and Review
The unaudited standalone financial results for Q1 FY27 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 14, 2026, with a limited review report issued by statutory auditors Amitabh Agrawal & Co.
07 · Key Q&A
The quarter, answered directly
What does Vaswani Industries do?
Vaswani Industries Limited operates primarily in the iron and steel and power generation sectors, with its manufacturing facilities and registered office situated in Raipur, Chhattisgarh.
What is the clearest takeaway from Q1 FY27?
Vaswani Industries Limited reported standalone revenue from operations of INR 109.99 crore for the quarter ended June 30, 2026.
What drove revenue or demand?
Revenue from the Iron & Steel segment (including other income) was reported at INR 109.97 crore, while the Power segment (including other income) contributed INR 8.43 crore before inter-segment eliminations of INR 8.42 crore.
What mattered most for margins or profitability?
Major expenses included INR 103.99 crore for the consumption of raw materials and inventory adjustments reflecting a negative change in finished goods inventories of INR 17.20 crore.
What changed operationally beyond the headline numbers?
The unaudited standalone financial results for Q1 FY27 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 14, 2026, with a limited review report issued by statutory auditors Amitabh Agrawal & Co.
What should the next disclosure help confirm?
Monitor upcoming quarterly disclosures to track sequential trends in raw material costs, finance expenses, and segment profitability margins.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsequent Financial Disclosures: Monitor upcoming quarterly disclosures to track sequential trends in raw material costs, finance expenses, and segment profitability margins.
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