MSP Steel & Power Ltd Share Price – NSE  / BSE

Steel, Small Cap

MSP Steel & Power announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 July 2026.

Under the agreement, MSP Steel & Power will procure power from a 10 MWp (DC) contracted solar capacity at a tariff of Rs 3.17 per unit for a period of 25 years from the date of execution of the PPA.

As part of the arrangement, the company will acquire a 26% equity stake in Elevate Solar Energy, corresponding to its contracted energy requirement, subject to the terms and conditions of a shareholders' agreement that will be executed at a later date.

Elevate Solar Energy is developing a solar power project in Chhattisgarh's Baloda Bazar district with an installed capacity of 70 MWp (DC) / 50 MW (AC).

MSP Steel & Power is engaged in manufacturing and trading of sale of iron and steel products, generation of power, manufacturing and sale of cement clinker products and trading of industrial gases.

The company reported consolidated net profit of Rs 85.19 crore in Q4 FY26 compared with net loss of Rs 33.82 crore in Q4 FY25. Revenue from operations increased 7.4% YoY to Rs 816.31 crore in Q4 FY26.

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MSP Steel & Power will hold a meeting of the Board of Directors of the Company on 19 June 2026.

Net profit of MSP Steel & Power reported to Rs 85.20 crore in the quarter ended March 2026 as against net loss of Rs 33.83 crore during the previous quarter ended March 2025. Sales rose 7.40% to Rs 816.32 crore in the quarter ended March 2026 as against Rs 760.07 crore during the previous quarter ended March 2025.

For the full year,net profit reported to Rs 33.77 crore in the year ended March 2026 as against net loss of Rs 28.35 crore during the previous year ended March 2025. Sales declined 2.14% to Rs 2842.96 crore in the year ended March 2026 as against Rs 2905.25 crore during the previous year ended March 2025.

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