Bajaj Steel's Q1 FY26 profit plunges 78.84% YoY as revenue drops nearly 24% and margins weaken amid rising costs.

• Revenue from operations declined to ₹107.53 crore; EBITDA margin contracted to 12.6% from 15.5% last year.
• Total expenses down 19.59% YoY; employee and finance costs rose while material costs dropped 20.2%.
• EBITDA fell 36.36% to ₹14 crore; PBT dropped to ₹9.93 crore from ₹46.95 crore in Q1 FY25.