Mumbai, May 27 -- Revenue from operations declined 23.93% YoY to Rs 116.76 crore for the quarter ended 31 March 2026.

Profit before tax (PBT) dropped 83.61% YoY to Rs 3.81 crore in Q4 FY26, down from Rs 23.25 crore reported in the same quarter last year.

Total expenses declined 13.31% YoY to Rs 118.54 crore during the quarter. The cost of materials consumed stood at Rs 68.25 crore, down 9.28% YoY, while employee benefit expenses increased 5.81% YoY to Rs 20.58 crore during the period under review.

The board has recommended a final dividend of Rs 1 per equity share of face value Rs 5 each for FY 2025-26, subject to shareholders' approval at the forthcoming Annual General Meeting (AGM) of the company.

Bajaj Steel Industries is engaged i...