Detailed Summary

Standalone Financial Results (₹ in Lakhs)

Quarter Ended September 30, 2026 (Q2 FY2026):

  • Revenue from Operations: ₹3,704.78
  • Other Income: ₹60.44
  • Total Income: ₹3,765.22
  • Total Expenses: ₹3,969.13
  • Loss Before Tax: (₹203.91)
  • Tax Expense: ₹201.63 (Current Tax: ₹14.52; Deferred Tax: ₹187.11)
  • Net Loss for the Period: (₹405.53)
  • Earnings Per Share (Basic & Diluted): (₹1.46)

Quarter Ended June 30, 2026 (Q1 FY2026):

  • Net Profit for the Period: ₹502.48
  • EPS: ₹1.81

Quarter Ended September 30, 2025 (Q2 FY2025):

  • Net Profit for the Period: ₹392.93
  • EPS: ₹1.41

Half Year Ended September 30, 2026 (H1 FY2026):

  • Revenue from Operations: ₹7,663.47
  • Other Income: ₹144.53
  • Total Income: ₹7,808.00
  • Profit Before Tax: ₹322.65
  • Net Profit for the Period: ₹96.95
  • EPS: ₹0.35

Half Year Ended September 30, 2025 (H1 FY2025):

  • Net Profit: ₹1,002.67
  • EPS: ₹3.61

Year Ended March 31, 2026 (FY2026):

  • Net Profit: ₹1,499.70
  • EPS: ₹5.40

Segment-Wise Performance (Standalone, ₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Ferro Alloys Segment: Revenue: ₹3,765.22; Segment Result (Loss): (₹348.63)
  • Power Segment: Revenue: ₹187.02; Segment Result (Profit): ₹144.99
  • Total Net Sales/Income: ₹3,765.22
  • Total Profit/(Loss) before tax: (₹203.91)

Half Year Ended September 30, 2026:

  • Ferro Alloys Segment: Revenue: ₹7,808.00; Segment Result (Loss): (₹410.88)
  • Power Segment: Revenue: ₹711.92; Segment Result (Profit): ₹734.20

Consolidated Financial Results

Consolidated results include the financials of wholly-owned subsidiary Indsil Infrastructure Limited. The figures for the quarter and half year ended September 30, 2026, are identical to the standalone results for all material line items (Revenue, PBT, PAT, EPS), indicating the subsidiary had no material impact.

Assets and Liabilities (Standalone, as of September 30, 2026)

  • Total Assets: ₹21,761.03 Lakhs
  • Inventories: ₹10,606.13 Lakhs
  • Investments: ₹3,017.84 Lakhs (Current) + ₹195.13 Lakhs (Non-Current) = ₹3,212.97 Lakhs
  • Cash and Cash Equivalents: ₹579.36 Lakhs
  • Total Equity: ₹19,709.27 Lakhs (Share Capital: ₹2,779.11 Lakhs; Other Equity: ₹16,930.16 Lakhs)
  • Total Liabilities: ₹2,051.76 Lakhs

Cash Flow Statement (Standalone, H1 FY2026)

  • Net Cash Flow from Operating Activities: (₹420.55) Lakhs
  • Net Cash Flow from Investing Activities: (₹7.84) Lakhs
  • Net Cash Flow from Financing Activities: ₹665.69 Lakhs
  • Net Increase in Cash and Equivalents: ₹237.30 Lakhs
  • Cash and Equivalents at Opening (Apr 1, 2026): ₹342.07 Lakhs
  • Cash and Equivalents at Closing (Sep 30, 2026): ₹579.36 Lakhs

Auditor's Review

The unaudited financial results were reviewed by the statutory auditors, M/s. Diwa K R and Associates, Chartered Accountants. Their review report, issued pursuant to Standard on Review Engagement (SRE) 2410, states that nothing has come to their attention that causes them to believe the statement contains any material misstatement.

Additional Information

The financial results have been prepared in accordance with Ind AS. The company's business is organized into two reportable segments: Ferro Alloys and Power. The figures for previous periods have been regrouped/rearranged for comparability.