Sambhv Steel Tubes Q2 Consolidated Net Profit Jumps 99%, Revenue Up 44% Amid New Capacity Plans

Sambhv Steel Tubes Limited reported a staggering 99.17 percent surge in consolidated net profit to ₹60.95 crore for the quarter ending September 30, 2026, compared to ₹30.60 crore in the same period last year. Revenue also saw a robust 44.09 percent increase, reaching ₹835.99 crore, up from ₹580.17 crore in the previous fiscal year's corresponding quarter. Total income for the quarter climbed by 44.45 percent to ₹839.58 crore, an improvement over ₹581.24 crore from the same period the previous year.

The company's total expenses rose by 40.36 percent to ₹758.48 crore for the quarter, reflecting a 17.30 percent jump in employee benefits expenses to ₹40.83 crore. Earnings per share saw a marked increase, with both consolidated basic and diluted EPS rising to ₹2.07 from ₹1.04 in the year-ago period. For the half-year period ending September 30, 2026, both consolidated basic and diluted EPS were ₹3.99, up from ₹2.41 in the prior year.

In the six months to September 30, 2026, consolidated net profit expanded by 82.25 percent to ₹117.47 crore, up from ₹64.47 crore in the same period last year. Consolidated revenue from operations surged 37.70 percent to ₹1,568.16 crore, compared to ₹1,138.80 crore in the previous year's half-year. Sambhv Steel Tubes announced plans to establish a new Greenfield manufacturing facility for Stainless Steel Seamless Pipes and Tubes in Chhattisgarh, a project through its wholly-owned subsidiary, Sambhv Tubes Limited.

This facility will have an initial capacity of 14,400 MTPA and an estimated investment of ₹148.00 crore, funded through a mix of debt and internal accruals, with the project slated for completion by March 2028.