Nova Iron & Steel Quarterly Results

Pros & Cons

POSITIVES

NEGATIVES

Rising expenses may pressure profit margins moving forward.
High tax expenses could impact net profitability.
Declining profits compared to previous quarters raises concerns about sustainability.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	121.84	113.11	146.44	125.09	99.38	97.73	94.71	112.97
Expenses	122.96	107.26	153.74	111.27	100.72	95.10	100.57	105.29
Operating Profit	-1.13	5.85	-7.30	13.83	-1.35	2.63	-5.86	7.68
Other Income	0.96	4.17	-1.98	1.05	1	0.49	0.40	0.14
Interest	3.47	3.39	14.96	3.56	3.73	2.95	0.81	1.50
Depreciation	2.58	2.63	11.42	4.77	4.85	4.89	4.96	4.12
Profit Before Tax	-6.21	4	-101.10	4.49	-8.85	-4.72	148.83	2.21
Tax	-0.60	0	-33.05	0	0	0	-9.05	0
Net Profit	-5.61	4	-68.05	4.49	-8.85	-4.72	157.88	2.21
Eps in Rs	-1.55	1.11	-18.83	1.24	-2.45	-1.31	43.69	0.61