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Prakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power.
Prakash Industries has secured regulatory approval to expand its Bhaskarpara Coal Mine production capacity from 1.0 MTPA to 1.2 MTPA. This operational enhancement will boost coal output, strengthening fuel security and driving higher operational efficiency for future growth.
Prakash Q1 Net Sales at 1,032 Cr (down YoY). EBITDA rose to 154 Cr (14.9% margin). PAT fell to 71 Cr (vs 91 Cr) due to a new tax regime. Coal extraction reached 0.33 Mn tonnes, targeting 1.2 Mn tonnes for the year.
Prakash Industries received environmental clearance for its Bhaskarpara Coal Mine, enabling production capacity expansion from 1.0 MTPA to 1.2 MTPA. This operational boost could enhance future output and revenue.
Prakash Industries Limited has informed the Exchange regarding a press release dated May 22, 2026, titled "Press Release".
Prakash Industries reports Q3 Net Sales of ₹799 Cr and PAT of ₹87 Cr (up YoY). Nine-month PAT reached ₹240 Cr. Expects strong steel demand. Bhaskarpara coal mine extracted ~2.52 lakh MT, targeting over 1 Mn MT in FY2026 and plans capacity expansion to 1.2 Mn MT/annum.