Key Financial Results

Quarter Ended June 30, 2026 (Q1 FY2027):

  • Revenue from operations: ₹5,168.21 million
  • Other income: ₹103.46 million
  • Total income: ₹5,271.67 million
  • Profit before tax: ₹612.80 million
  • Total tax expense: ₹156.84 million (Current tax: ₹149.75 million, Deferred tax: ₹7.09 million)
  • Net profit: ₹455.96 million
  • Earnings per share (EPS): ₹30.17 (basic and diluted)
  • Other comprehensive income: (₹3.95) million net of tax
  • Total comprehensive income: ₹452.01 million

Comparative Performance:

  • Revenue increased 5.6% YoY from ₹4,893.76 million in Q1 FY2026
  • Net profit increased 27.6% YoY from ₹357.21 million in Q1 FY2026
  • Sequential performance: Revenue declined 22.2% from ₹6,642.99 million in Q4 FY2026, net profit declined 15.4% from ₹538.94 million

Expense Breakdown (Q1 FY2027):

  • Cost of raw materials consumed: ₹3,846.31 million
  • Changes in inventories: (₹505.88) million
  • Employee benefits expense: ₹415.69 million
  • Finance costs: ₹4.19 million
  • Depreciation and amortization: ₹85.47 million
  • Other expenses: ₹813.09 million
  • Total expenses: ₹4,658.87 million

Capital Structure

  • Paid-up share capital: ₹151.12 million (face value ₹10 per share)
  • Other equity: Not quantified for current quarter

Board Meeting Details

  • Meeting date: August 5, 2026
  • Meeting time: 3:45 PM to 6:00 PM IST
  • Agenda: Approval of unaudited financial results for quarter ended June 30, 2026

Auditor Review

  • Statutory auditors: S.R. Batliboi & Associates LLP (ICAI Firm registration number: 101049W/E300004)
  • Review conducted under Standard on Review Engagements (SRE) 2410
  • Limited review report issued with no material misstatements identified
  • Signed by Pradip Agarwal, Partner (Membership No.: 065537)

Additional Notes

1. The company operates as a single reportable segment - manufacturer of Automotive Components

2. No subsidiaries, associates, or joint ventures as of June 30, 2026

3. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited YTD figures

4. The company previously recorded an exceptional item of ₹119.87 million in FY2026 related to increased gratuity liability due to Labour Code implementation