Bihar Sponge Iron Reports Decline in Profitability Amid Rising Non-Operating Income, August 2025

Bihar Sponge Iron, a microcap company in the ferrous metals industry, has recently reported its financial results for the quarter ending June 2025. The results, declared on August 12, 2025, indicate a notable shift in the company's financial landscape. The Profit After Tax (PAT) for the quarter stands at Rs 2.12 crore, reflecting a decline of 18.5% compared to the average PAT of Rs 2.60 crore over the previous four quarters. This trend suggests challenges in maintaining profitability in the near term. Additionally, the company's non-operating income has reached 296.70% of its Profit Before Tax (PBT), highlighting a reliance on income from non-business activities, which raises concerns about the sustainability of its business model. As a result of these developments, there has been an adjustment in the evaluation of Bihar Sponge Iron, with the score reflecting a shift from -3 to -6 over the last three months. This revision underscores the challenges the company faces in its financial performance. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.