NOVIS Q3 FY26 results at a glance
NOVA IRON & STEEL LTD. Q3 FY26 key results metrics| Quarter | Q3 FY26 |
|---|
| Quarter ended | 31 Dec 2025 |
|---|
| Revenue | ₹110 cr |
|---|
| Revenue YoY | +12.4% |
|---|
| Operating profit | -₹7.49 cr |
|---|
| Operating margin | -6.8% |
|---|
| Net profit | -₹11.77 cr |
|---|
| Net profit YoY | -149.2% |
|---|
| Net profit QoQ | -1015.8% |
|---|
| Net margin | -10.7% |
|---|
| Basic EPS | ₹-3.26 |
|---|
| TTM revenue | ₹388 cr |
|---|
| TTM net profit | ₹147 cr |
|---|
| TTM net margin | 37.9% |
|---|
NOVIS Q3 FY26 results: what the numbers say
NOVA IRON & STEEL LTD. (NOVIS) has reported its Q3 FY26 results for the quarter ended 2025-12-31. The company posted revenue of ₹110 cr and a net profit of -₹11.77 cr, translating into earnings per share of ₹-3.26.
Compared with the same quarter a year earlier, revenue grew by +12.4% and net profit declined sharply by -149.2%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at -₹7.49 cr, an operating margin of -6.8% versus -2.3% a year ago — a contraction of 4.5 percentage points.
NOVIS quarter-wise results table
Net profit
-₹11.77 cr
-149.2% YoY
Operating profit
-₹7.49 cr
-231.0% YoY
NOVA IRON & STEEL LTD. (NOVIS) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|
| Q3 FY262025-12-31 | ₹110 cr | -₹7.49 cr | -₹11.77 cr | -6.8% | -10.7% | ₹-3.26 | -149.2% | -1015.8% |
| Q2 FY262025-09-30 | ₹108 cr | -₹6.78 cr | -₹1.06 cr | -6.3% | -1.0% | ₹-0.29 | — | -147.8% |
| Q1 FY262025-06-30 | ₹113 cr | ₹3.56 cr | ₹2.21 cr | 3.2% | 2.0% | ₹0.61 | — | -98.6% |
| Q4 FY252025-03-31 | ₹57.5 cr | -₹10.09 cr | ₹158 cr | -17.5% | 274.6% | — | — | +3441.9% |
| Q3 FY252024-12-31 | ₹97.73 cr | -₹2.26 cr | -₹4.72 cr | -2.3% | -4.8% | ₹-1.31 | — | — |
| TTM (last 4 quarters) | ₹388 cr | -₹20.8 cr | ₹147 cr | -5.4% | 37.9% | — | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
NOVIS quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
NOVA IRON & STEEL LTD. quarterly income statement| Particulars | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 | Q4 FY252025-03-31 | Q3 FY252024-12-31 |
|---|
| Revenue / Sales | ₹110 cr | ₹108 cr | ₹113 cr | ₹57.5 cr | ₹97.73 cr |
|---|
| Total expenses | ₹117 cr | ₹115 cr | ₹109 cr | ₹67.59 cr | ₹99.99 cr |
|---|
| Gross profit | ₹3.43 cr | ₹28.05 cr | ₹12.18 cr | -₹26.4 cr | ₹6.5 cr |
|---|
| Operating profit (EBIT) | -₹7.49 cr | -₹6.78 cr | ₹3.56 cr | -₹10.09 cr | -₹2.26 cr |
|---|
| Operating margin | -6.8% | -6.3% | 3.2% | -17.5% | -2.3% |
|---|
| Interest cost | ₹4.72 cr | ₹3.48 cr | ₹1.5 cr | ₹0.81 cr | ₹2.95 cr |
|---|
| Profit before tax | -₹11.77 cr | -₹1.06 cr | ₹2.21 cr | ₹149 cr | -₹4.72 cr |
|---|
| Tax expense | ₹0 cr | ₹0 cr | ₹0 cr | -₹9.05 cr | ₹0 cr |
|---|
| Effective tax rate | 0.0% | 0.0% | 0.0% | -6.1% | 0.0% |
|---|
| Net profit (PAT) | -₹11.77 cr | -₹1.06 cr | ₹2.21 cr | ₹158 cr | -₹4.72 cr |
|---|
| Net profit margin | -10.7% | -1.0% | 2.0% | 274.6% | -4.8% |
|---|
| Basic EPS | ₹-3.26 | ₹-0.29 | ₹0.61 | — | ₹-1.31 |
|---|
| Diluted EPS | ₹-3.26 | ₹-0.29 | ₹0.61 | — | ₹-1.31 |
|---|
NOVIS results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 |
|---|
| Revenue YoY | +12.4% | — | — | — | — |
|---|
| Revenue QoQ | +1.7% | -4.4% | +96.5% | -41.2% | — |
|---|
| Operating profit YoY | -231.0% | — | — | — | — |
|---|
| Operating profit QoQ | -10.3% | -290.6% | +135.3% | -346.1% | — |
|---|
| Net profit YoY | -149.2% | — | — | — | — |
|---|
| Net profit QoQ | -1015.8% | -147.8% | -98.6% | +3441.9% | — |
|---|
| EPS YoY | -148.9% | — | — | — | — |
|---|
| EPS QoQ | -1024.1% | -147.5% | — | — | — |
|---|
NOVIS annual results history
Full-year performance for NOVA IRON & STEEL LTD., useful for reading each quarter in context.
NOVA IRON & STEEL LTD. annual income statement| Particulars | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 | FY222022-03-31 |
|---|
| Revenue / Sales | ₹380 cr | ₹537 cr | ₹686 cr | ₹600 cr |
|---|
| Total expenses | ₹389 cr | ₹580 cr | ₹670 cr | ₹589 cr |
|---|
| Gross profit | ₹0.25 cr | ₹3.45 cr | ₹26.19 cr | ₹20.86 cr |
|---|
| Operating profit (EBIT) | -₹9.49 cr | -₹42.57 cr | ₹15.7 cr | ₹10.97 cr |
|---|
| Operating margin | -2.5% | -7.9% | 2.3% | 1.8% |
|---|
| Interest cost | ₹11.05 cr | ₹24.52 cr | ₹17.26 cr | ₹24.87 cr |
|---|
| Profit before tax | ₹140 cr | -₹127 cr | ₹3.41 cr | -₹10.74 cr |
|---|
| Tax expense | -₹9.05 cr | -₹33.66 cr | ₹5.2 cr | ₹4.04 cr |
|---|
| Effective tax rate | -6.5% | 26.4% | 152.7% | -37.6% |
|---|
| Net profit (PAT) | ₹149 cr | -₹93.8 cr | -₹1.79 cr | -₹14.78 cr |
|---|
| Net profit margin | 39.2% | -17.5% | -0.3% | -2.5% |
|---|
| Basic EPS | ₹41.17 | ₹-25.96 | ₹-0.50 | ₹-4.09 |
|---|
| Diluted EPS | ₹41.17 | ₹-25.96 | ₹-0.50 | ₹-4.09 |
|---|
Revenue trend and demand read-through
Topline for Q3 FY26 came in at ₹110 cr against ₹97.73 cr in Q3 FY25, and ₹108 cr in the preceding Q2 FY26 quarter.
On a sequential basis revenue grew +1.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹117 cr, or 106.8% of revenue, with operating profit declined -231.0% year on year.
Margins, tax and profitability
Net profit of -₹11.77 cr works out to a net margin of -10.7% compared with -4.8% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, NOVA IRON & STEEL LTD. reported profit before tax of -₹11.77 cr, a tax charge of ₹0 cr (effective rate 0.0%), interest cost of ₹4.72 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from -₹1.06 cr in Q2 FY26 to -₹11.77 cr in Q3 FY26, a change of -1015.8%.
Trailing twelve months and annual context
Across the trailing four quarters NOVA IRON & STEEL LTD. has generated revenue of ₹388 cr and net profit of ₹147 cr, a trailing net margin of 37.9%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY25 revenue was ₹380 cr with net profit of ₹149 cr and EPS of ₹41.17, versus the prior year where revenue declined -29.3% and profit grew +258.6%.
What to watch in the next NOVIS quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
NOVA IRON & STEEL LTD. has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
NOVIS results coverage
No results report published for NOVIS yet — our desk covers each quarter within minutes of the filing.
NOVIS quarterly results FAQs
What were NOVA IRON & STEEL LTD. (NOVIS) Q3 FY26 results?
In Q3 FY26 (quarter ended 31 Dec 2025), NOVA IRON & STEEL LTD. reported revenue of ₹110 cr and net profit of -₹11.77 cr, a change of -149.2% year on year on +12.4% revenue growth. EPS stood at ₹-3.26.
What is NOVIS profit margin in Q3 FY26?
NOVA IRON & STEEL LTD. posted a net profit margin of -10.7% and an operating margin of -6.8% in Q3 FY26. On a trailing twelve-month basis, revenue is ₹388 cr and net profit ₹147 cr.
Did NOVIS results beat the previous quarter?
NOVA IRON & STEEL LTD. net profit changed -1015.8% quarter on quarter, from -₹1.06 cr in Q2 FY26 to -₹11.77 cr in Q3 FY26.
When are NOVA IRON & STEEL LTD. (NOVIS) quarterly results?
NOVA IRON & STEEL LTD. has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see NOVIS latest quarterly results?
Results coverage for NOVIS will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the NOVIS stock page.
What is NOVA IRON & STEEL LTD. annual revenue and profit?
For FY25, NOVA IRON & STEEL LTD. reported full-year revenue of ₹380 cr and net profit of ₹149 cr, with EPS of ₹41.17.
How many quarterly results has NOVIS declared recently?
Past results dates for NOVIS will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
