VMS TMT Q1 FY27: Profit up 95% QoQ, revenue +3%

Key takeaway from the June 2026 quarter

VMS TMT Limited reported a strong quarter-on-quarter improvement in profitability for Q1 FY27 (quarter ended June 30, 2026). ScanX News said net profit after tax rose 95% QoQ to Rs 4.47 crore from Rs 2.29 crore in the preceding quarter. Revenue from operations increased 3% to Rs 2,477.57 crore, pointing to steady demand conditions in the steel sector. The Ahmedabad-based manufacturer reported an operating margin of 3.89% for the quarter versus 3.92% in the previous period. On a year-on-year basis, the same margin was reported to have contracted from 8.57% in Q1 FY26.

What the company reported on revenue and income

The company’s total income for Q1 FY27 was reported at Rs 2,478.79 crore, driven primarily by revenue from operations. Compared with the immediately preceding quarter, total income was listed at Rs 2,413.55 crore. For Q1 FY26, total income was shown at Rs 2,133.94 crore. These numbers indicate an improvement in topline versus both the previous quarter and the year-ago quarter, based on the figures shared in the article.

Profitability and expenses: what changed

Total expenses for Q1 FY27 were stated at Rs 2,421.98 crore versus Rs 2,381.61 crore in Q4 FY26 and Rs 2,019.15 crore in Q1 FY26. Profit before tax (PBT) was reported at Rs 56.81 crore in Q1 FY27, up from Rs 31.94 crore in Q4 FY26, while Q1 FY26 PBT was Rs 114.79 crore. Net profit after tax (PAT) in the metrics table was shown at Rs 44.68 crore for Q1 FY27 versus Rs 22.90 crore in Q4 FY26 and Rs 85.76 crore in Q1 FY26. Basic EPS was listed at Rs 0.90 in Q1 FY27, compared with Rs 0.46 in Q4 FY26 and Rs 2.48 in Q1 FY26.

Note on the profit figure presented in the source

The article text and the embedded metrics table present two different PAT sets for the same period. The narrative line cites PAT of Rs 4.47 crore for Q1 FY27 versus Rs 2.29 crore in Q4 FY26, while the table lists PAT of Rs 44.68 crore versus Rs 22.90 crore. Separately, the article also includes an audited-results snippet for Q4 FY26 showing net profit of Rs 228.99 lakh, which equals Rs 2.2899 crore, aligning with the Rs 2.29 crore figure. This write-up is therefore reporting the figures exactly as they appeared in the provided text, without attempting to reconcile the mismatch.

Board approval and audit review

VMS TMT said its Board of Directors approved the unaudited standalone financial results at a meeting held on August 13, 2026. The results were reviewed and recommended by the Audit Committee. The numbers were subjected to a limited review by statutory auditors M/s Suresh Chandra & Associates. The company also stated that unaudited standalone financial results for the quarter ended June 30, 2026 were submitted.

Snapshot table: Q1 FY27 vs Q4 FY26 vs Q1 FY26 (as provided)

Longer-term financial context shown in the article

The article included an “Annual Financials” table for FY2020 to FY2026. Revenue in that table increased from 175 in 2020 to 839 in 2026, while expenses moved from 172 to 778 over the same period. EBITDA rose from 3 in 2020 to 61 in 2026, and operating profit percentage increased from 2% to 7%. The same table listed depreciation rising from 0 to 10 and interest rising from 2 to 25 between 2020 and 2026. In another section titled “VMS TMT Ltd Quarterly Profit & Loss (Figures in Rupees Crores)”, Mar 2026 sales were shown at Rs 241.11 crore and total income at Rs 241.35 crore.

Trading and valuation metrics cited alongside results season commentary

The article also carried market-linked figures attributed to a results-season tracking note: VMS TMT shares were shown trading around Rs 47, with a market capitalisation of about Rs 233 crore and a price-to-earnings multiple of 11.1. A “12-month target” range of Rs 47-53 was also mentioned as a Uniresearch estimate. The same note said quarterly financials for VMS TMT were not yet fully available on the cited data partners for the cycle, and advised investors to track filings on the NSE/BSE and sources such as Screener.in for verified numbers.

Related disclosure: VMS Industries Ltd Q1 FY27 update included

The provided text also carried a separate Q1 FY27 update for VMS Industries Ltd. It reported net profit of Rs 46.26 lakh (Rs 0.4626 crore) for the quarter ended June 30, 2026, up 6.4% from Rs 43.47 lakh (Rs 0.4347 crore) in Q1 FY26. Revenue was reported at Rs 4,482.59 lakh (Rs 44.8259 crore), up 13.1% year-on-year. Its Board of Directors, chaired by Managing Director Manoj Kumar Jain, approved the unaudited standalone financial results on August 12, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

Where the company said the full numbers can be checked

The article said detailed results were available on the BSE website (www.bseindia.com) and the company website (www.vtmill.com). It also referenced a BSE board meeting intimation for August 13, 2026 to consider and approve the unaudited financial results for the quarter ended June 2026.

Conclusion

VMS TMT’s Q1 FY27 filing, approved on August 13, 2026, showed higher sequential profitability and a modest increase in revenue from operations, while the operating margin was broadly steady quarter-on-quarter. Readers tracking the stock around the Rs 47 price level and Rs 233 crore market cap will likely focus on the company’s exchange filing details and any clarifications that address the differing profit figures presented in the source datasets.