Financial Results

The Board considered and approved the unaudited financial results for the quarter ended 30th June, 2026:

Standalone Financial Results (₹ in lakhs):

  • Revenue from Operations: ₹5,604.082
  • Total Income: ₹5,614.570
  • Profit Before Tax: ₹244.713
  • Tax Expense: ₹68.159
  • Net Profit for the period: ₹176.554
  • Basic EPS: ₹10.82
  • Diluted EPS: ₹10.82

Consolidated Financial Results (₹ in lakhs):

  • Revenue from Operations: ₹5,790.290
  • Total Income: ₹5,790.290
  • Profit Before Tax: ₹182.617
  • Tax Expense: ₹68.159
  • Net Profit for the period: ₹114.458
  • Basic EPS: ₹7.02
  • Diluted EPS: ₹7.02

Dividend Declaration

The Board recommended a final dividend of ₹3 per equity share of ₹5 each (60%) for Financial Year 2025-2026. If declared by shareholders, this would bring the total dividend for FY 2025-26 to ₹5 per share (100%), including the interim dividend of ₹2 (40%) already paid.

Book Closure

The share transfer register and Register of Members will be closed from 22nd September, 2026 to 28th September, 2026 (both days inclusive) for determining dividend entitlement.

Annual General Meeting

The 36th Annual General Meeting will be held on 28th September, 2026 through video conferencing/other audio visual means.

Board Changes

Appointment: Mr. Anantakrishnan Krishna was appointed as Additional - Independent Director and Chairman of Audit Committee effective 13th August, 2026. He is a Science Graduate and Management Accountant with four decades of corporate experience in HAL (14 years) and Bosch (26 years). He holds no shares in the company.

Resignation: Mr. Ajay S. Patil, Director and Chairman of Audit Committee, resigned effective closing of business hours on 13th August, 2026.

Exceptional Items

The financial results include disclosure of exceptional items:

  • ₹256.63 lakhs recognized during June 2025 quarter pertaining to settlement of a past legal claim related to sales commission (one-time expense)
  • ₹500.09 lakhs impact related to gratuity and compensated absences recorded for quarter ended December 2025 due to Labour Code changes

Auditor Review

The financial results were reviewed by Kirtane & Pandit LLP, Chartered Accountants, who issued an unmodified limited review report dated 13th August, 2026.

Segment Information

The company operates in one segment: Aluminum castings.

Meeting Details

The Board meeting commenced at 11:00 a.m. and concluded at 04:00 p.m. on 13th August, 2026.