Bajaj Steel Q4 Profit Plunges, Recommends ₹1 Dividend

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AuthorRiya Kapoor|Published at:
Bajaj Steel Q4 Profit Plunges, Recommends ₹1 Dividend
Overview

Bajaj Steel Industries reported significantly lower profits for both the fourth quarter and the full fiscal year 2026. The company recommended a final dividend of ₹1 per share.

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Bajaj Steel Industries Limited reported a net profit of ₹1.07 crore for the quarter ending March 31, 2026. This marks a substantial decrease from ₹19.77 crore earned during the same period in the previous fiscal year.

For the full fiscal year that concluded on March 31, 2026, the company's standalone net profit was ₹27.58 crore. This figure is down from ₹76.15 crore reported for the fiscal year 2025.

Despite the reduced profitability, the company's board recommended a final dividend of ₹1.00 per equity share. This recommendation is subject to the approval of shareholders.

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