VSTL Vibhor Steel Tubes Q2 FY26 results (Jul–Sep 2025) and concall
Vibhor Steel reported a robust H1 FY26 with revenue up 19% and PAT up 60% year-on-year, maintaining a healthy EBITDA margin of 3.83%. The newly commissioned Odisha plant is driving diversification into high-margin products like crash barriers and transmission line towers, alongside traditional pipe manufacturing. The company is witnessing strong demand and significant order bookings across its operational units, with a strategic focus on expanding its market presence and improving execution velocity.
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What they filed
Q2 FY26: revenue up 19.3%, net profit up 59.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 236 | 247 | 288 | 231 | 282 +19% |
| EBITDA | 7 | 10 | 11 | 10 | 9 +31% |
| Net profit | 1 | 3 | 4 | 3 | 1 +60% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
