Board considers and approves unaudited results for quarter ended June 30, 2026; profit after tax Rs. 183.42 million

Board meeting held on October 05, 2026, from 11:30 A.M. to 3:45 P.M. IST.

Mon 5 Oct 2026

Revenue from operations

INR 1,286.21 million

Profit after tax

INR 183.42 million

Basic and diluted EPS

0.81 (not annualised)

Quarter reported

quarter ended June 30, 2026 (unaudited standalone and consolidated)

IPO and listing

51,111,110 equity shares; listed on NSE and BSE on September 17, 2026

Board meeting outcome

The Board of Directors met on October 05, 2026, from 11:30 A.M. IST to 3:45 P.M. IST, and considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, together with the limited review reports of the statutory auditors.

Quarterly numbers, standalone (amounts in INR millions)

• Revenue from operations: 1,286.21
• Total income: 1,308.74
• Total expenses: 1,089.66
• Profit before tax: 219.08
• Profit after tax: 183.42
• Basic and diluted earnings per share: 0.81 (not annualised)

For the corresponding quarter ended June 30, 2025, revenue from operations was 1,134.76 and profit after tax was 101.65. For the preceding quarter ended March 31, 2026, revenue from operations was 1,384.56 and profit after tax was 141.20.

Consolidated view

For the quarter, revenue from operations was 1,286.21, profit after tax was 183.42, and total comprehensive income was 183.80. Profit for the period attributable to the owner of the holding company was 183.42. The consolidated results cover Steambouse India Limited as holding company and Steamhouse Welfare Foundation as wholly-owned subsidiary; the subsidiary's interim financial information reflects total revenues of Rs. 2.47 million, net profit after tax of Rs. 0.01 million and total comprehensive profit of Rs. 0.01 million for the quarter.

Capital raised during the quarter

• 6,849,315 equity shares of face value INR 2 each issued at an issue price of INR 73 per share, aggregating to INR 499.99 million, on a private placement basis.
• 750 unrated, unlisted, senior, secured, redeemable, non-convertible debentures of face value INR 1.00 million each, aggregating to INR 750.00 million, on a private placement basis. Out of the sanctioned amount, Tranche 1 of INR 500 million was disbursed.

IPO and listing

Subsequent to the quarter ended June 30, 2026, the company completed an initial public offer of 51,111,110 equity shares of face value INR 2 each, and its equity shares were listed on the National Stock Exchange of India Limited and BSE Limited on September 17, 2026. The issue aggregating to INR 4,140.00 million comprised 7,530,864 equity shares offered for sale and 43,580,246 equity shares offered as fresh issue.

Business

According to the notes, the company is primarily engaged in the business of generation and centralized distribution of industrial gases, including steam and nitrogen, through its dedicated pipeline network within India. It has a single reportable segment, and its operations are limited to one geographical segment, India.

On the nature of the review

The statement was reviewed by the statutory auditors under the Standard on Review Engagements (SRE) 2410, which provides moderate assurance and is substantially less in scope than an audit; accordingly, no audit opinion is expressed. The figures for the preceding and corresponding quarters ended March 31, 2026 and June 30, 2025 were approved by the Board but were not subjected to audit or review, and the management states it exercised the necessary care and diligence to ensure they are fairly stated.

How a retail reader can place this

• This is a results-and-funding update: quarterly earnings, two private placements done during the quarter, and an IPO completed after the quarter ended.
• The share count has changed through the private placement of 6,849,315 shares and the IPO of 51,111,110 shares, which is relevant when comparing per-share figures across periods.
• The quarter's numbers are unaudited but have been reviewed by the statutory auditors, and the earnings per share figure is stated as not annualised.

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