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Zenith Steel Pipes & Industries Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its Register of Members and Share Transfer Books will be closed from September 24, 2026, to September 30, 2026, for the purpose of its 64th Annual General Meeting scheduled to be held on September 30, 2026.

Zenith Steel Pipes & Industries Ltd share price gained 3.44% to Rs 5.72. The Company`s net profit plunged by 68.35% to Rs 0.44 crore, while revenue from operations nosedived 36.40% to Rs 7.18 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.17 lakh crore, slipping 0.41%. It has inched up 0.13% over last one week and moved up slightly by 6.92% in last one month while the market capitalization of Zenith Steel Pipes & Industries Ltd has improved by 6.52% and 4.35% in the same period respectively. Profit before tax (PBT) of Zenith Steel Pipes & Industries Ltd stood at Rs 0.44 crore in Q2 FY26, tanking 54.17% year-on-year, and tumbling by 68.35% quarter-on-quarter. EBITDA came in at Rs 2 crore, crashing by 83.87% YoY and nosediving by 72.21% sequentially. Total expenses saw a steep drop of 45.89% to Rs 7.77 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3.03 crore, softening by 5.31% YoY, while employee benefits expense was at Rs 1.12 crore, plunging by 25.33% YoY. For the TTM ended FY26, revenue from operations declined by 16.85% to Rs 119.09 crore, while net profit tanked by 204.35% to Rs 0.48 crore, compared to previous TTM. EBITDA tumbled by 719% to Rs 15.41 crore, and PBT collapsed by 204.35% to Rs 0.48 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 3.94 crore in FY26, as against Rs 4.74 crore in FY25. Zenith Steel Pipes & Industries Ltd nosedived by 28.41% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Net profit of Zenith Steel Pipes & Industries declined 50.00% to Rs 1.39 crore in the quarter ended March 2026 as against Rs 2.78 crore during the previous quarter ended March 2025. Sales declined 54.51% to Rs 11.29 crore in the quarter ended March 2026 as against Rs 24.82 crore during the previous quarter ended March 2025.For the full year,net profit rose 1804.35% to Rs 4.38 crore in the year ended March 2026 as against Rs 0.23 crore during the previous year ended March 2025. Sales declined 55.18% to Rs 53.38 crore in the year ended March 2026 as against Rs 119.09 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales11.2924.82 -55 53.38119.09 -55 OPM %-22.94-8.22 --30.42-4.41 - PBDT0.593.46 -83 5.062.43 108 PBT0.112.97 -96 3.140.48 554 NP1.392.78 -50 4.380.23 1804 Powered by Capital Market - Live News

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Company on 26 May 2026.