MSP Steel & Power Q2 Results FY27: PAT Rs 34.31 Cr Against Loss of Rs 74.76 Cr, Revenue Rs 806.99 Cr

MSP Steel & Power Ltd (MSPL) Q2 Results FY27 announced on 13 November 2026, covering the company's financial performance for the July to September quarter. The results date brought revenue of Rs 806.99 Cr and PAT of Rs 34.31 Cr on a Consolidated basis, and the consolidated results show both lines higher than a year earlier. Investors tracking MSP Steel & Power Q2 Results FY27 on NSE and BSE get the full picture in the sections below.

This results analysis of MSP Steel & Power Q2 Results covers the financial highlights, the business drivers, the FY27 outlook and the key risks. Univest Screener users can follow each step, beginning with the Financial Highlights table that sets this quarter against the same quarter last year.

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MSP Steel & Power Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 806.99 Cr	Rs 676.86 Cr	+19.23% YoY
Operating Profit	Rs 71.64 Cr	Rs 22.77 Cr	+214.62% YoY
Net Profit (PAT)	Rs 34.31 Cr	Rs -74.76 Cr	+145.89% YoY

Source: company filing for MSP Steel & Power Q2 Results FY27, 13 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from MSP Steel & Power Q2 Results: What Stands Out

• Revenue: Revenue rose 19.23% YoY to Rs 806.99 Cr in July to September 2026, against Rs 676.86 Cr in the same quarter last year.
• Net profit: Net profit was Rs 34.31 Cr against a loss of Rs 74.76 Cr a year earlier, which is a 145.89% YoY change on the bottom line.
• Operating Profit: Operating Profit reached Rs 71.64 Cr from Rs 22.77 Cr, a YoY growth of 214.62%, as shown in MSP Steel & Power Q2 Results FY27.
• Margin: Net profit margin improved to 4.3% from -11.0% in the comparison quarter, based on the supplied margin figures.
• Next: The performance analysis below sets these YoY movements side by side and explains how the profit lines compare with revenue.

MSP Steel & Power Q2 Results FY27: Performance Analysis

The numbers show the profit lines moving faster than revenue. Revenue reached Rs 806.99 Cr, up 19.23% YoY from Rs 676.86 Cr, while Operating Profit reached Rs 71.64 Cr, up 214.62% YoY from Rs 22.77 Cr. This MSP Steel & Power Q2 Results FY27 snapshot therefore pairs top-line growth with a sharp rise in Operating Profit.

In this results analysis, net profit stands out most. Net profit of Rs 34.31 Cr compares with a loss of Rs 74.76 Cr a year earlier, a 145.89% YoY change, and net profit margin moved to 4.3% from -11.0%. The supplied data for MSP Steel & Power Q2 Results confirms these movements but does not establish a specific cause, so the next section sticks to the disclosed drivers.

Investors following the quarterly results will watch whether YoY growth in revenue and Operating Profit continues in later quarters. Subsequent consolidated results will show whether net profit holds at this level, and the Univest app lists each new filing as it arrives. That brings the results analysis to the business factors behind this quarter.

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Key Business Factors This Quarter

Revenue growth – The results analysis points first to revenue, which grew 19.2% YoY to Rs 806.99 Cr in the latest quarter. That top-line expansion is the base on which the MSP Steel & Power Q2 Results FY27 profit figures sit.

Return to net profit – The company returned to a net profit of Rs 34.31 Cr from a loss in the comparison quarter. This is the largest change in the quarterly results when set against the loss of Rs 74.76 Cr a year earlier.

Net profit margin – Net profit margin improved to 4.3% from -11.0% in the comparison quarter. The margin figure ties the consolidated results back to the revenue growth described above, using only the supplied numbers.

FY27 Outlook After MSP Steel & Power Q2 Results

FY27 full-year results will depend on the quarters still to be reported. This results analysis does not extend any figure beyond the numbers declared, so the Rs 34.31 Cr net profit and Rs 806.99 Cr revenue of July to September 2026 remain the reference points. Investors can compare each new quarter with them.

Sector conditions disclosed in later filings will also shape how MSP Steel & Power Q2 Results FY27 is read at the year end. Operating Profit growth of 214.62% YoY and revenue growth of 19.23% YoY give a baseline, and the risks that follow are drawn from the supplied figures.

Key Risks to Watch After MSP Steel & Power Q2 Results FY27

Low Return on Equity

Return on equity was low at 3.51% in FY26. Investors weighing MSP Steel & Power Q2 Results FY27 will note that this longer-period return sits alongside the quarter's YoY growth in profit, and the two cover different time frames.

Modest Return on Capital Employed

Return on capital employed was modest at 1.86% in FY26. This measure covers a longer period than the quarter and frames how investors read the latest YoY growth in revenue and Operating Profit.

Volatile Quarterly Net Profit

Quarterly net profit has been volatile, ranging from Rs -74.76 Cr to Rs 85.20 Cr over the last 5 quarters. The Rs 34.31 Cr of this quarter sits inside that range, so later quarters will matter.

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Conclusion

The quarterly results show revenue up 19.23% YoY to Rs 806.99 Cr and net profit of Rs 34.31 Cr against a loss of Rs 74.76 Cr. MSP Steel & Power Q2 Results FY27 therefore pair revenue growth with a sharp rise in Operating Profit. The consolidated results are the figures to track next. Anyone using MSP Steel & Power Q2 Results for decisions should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on MSP Steel & Power Q2 Results FY27

What are MSP Steel & Power Q2 Results FY27?

Ans. MSP Steel & Power Q2 Results FY27 were declared on 13 November 2026 with revenue of Rs 806.99 Cr. Alongside this, net profit was Rs 34.31 Cr, as the Quick Answer box above summarises.

What is the results date for MSP Steel & Power Q2 Results FY27?

Ans. The results date was 13 November 2026 for MSP Steel & Power, covering July to September 2026. This date is also stated in the opening section, which introduces the quarter.

What revenue was reported in MSP Steel & Power Q2 Results FY27?

Ans. MSP Steel & Power reported revenue of Rs 806.99 Cr for Q2 FY27. Compared with Rs 676.86 Cr a year earlier, this is the revenue base the Financial Highlights table sets out.

What net profit was reported in MSP Steel & Power Q2 Results FY27?

Ans. MSP Steel & Power Q2 Results FY27 show net profit of Rs 34.31 Cr, compared with a loss of Rs 74.76 Cr a year earlier. This means net profit moved 145.89% YoY, as covered under Performance Analysis.

How much YoY growth did revenue show in MSP Steel & Power Q2 Results FY27?

Ans. Revenue showed YoY growth of 19.23% in MSP Steel & Power's quarter, rising from Rs 676.86 Cr to Rs 806.99 Cr. This growth rate leads the Key Takeaways section.

Did net profit rise or fall in MSP Steel & Power Q2 Results?

Ans. MSP Steel & Power Q2 Results show that net profit rose to Rs 34.31 Cr from a loss of Rs 74.76 Cr. That is a 145.89% YoY change, as the Performance Analysis section explains.

What was the Operating Profit in MSP Steel & Power Q2 Results FY27?

Ans. Operating Profit was Rs 71.64 Cr in the latest quarter, compared with Rs 22.77 Cr a year earlier. So it rose 214.62% YoY, a movement covered under Performance Analysis.

Are MSP Steel & Power Q2 Results consolidated results or standalone results?

Ans. MSP Steel & Power Q2 Results are Consolidated results, which means the figures cover the company on a Consolidated basis. The revenue of Rs 806.99 Cr and net profit of Rs 34.31 Cr in the Financial Highlights table follow it.

What business factors shaped MSP Steel & Power Q2 Results FY27?

Ans. Three disclosed factors shaped MSP Steel & Power's quarter: 19.2% revenue growth, a return to net profit of Rs 34.31 Cr from a loss, and a net profit margin of 4.3%. These appear in Key Business Factors.

What are the key risks after MSP Steel & Power Q2 Results FY27?

Ans. The key risks after the results are return on equity of 3.51% in FY26, return on capital employed of 1.86% in FY26, and volatile quarterly net profit. Key Risks to Watch expands on each.

What is the outlook after MSP Steel & Power Q2 Results?

Ans. MSP Steel & Power Q2 Results leave the FY27 outlook dependent on quarters still to be reported. Later disclosures will show how net profit develops, as the Outlook section notes.

Where can I find the complete MSP Steel & Power Q2 Results FY27 data?

Ans. The complete MSP Steel & Power Q2 Results FY27 data is in the Financial Highlights table, while the company's NSE and BSE filings carry the full statements. Univest Screener also tracks this quarter.