Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Statement of Unaudited Financial Results (Standalone and Consolidated)

Date of Board Meeting / Approval: August 7, 2026

Audit Opinion: Clean Limited Review Report (No qualifications)

Auditor's Comment: No material misstatements found. Auditor relied on other auditor's report for joint operation and subsidiary.

Key Financial Highlights [₹ in Million]

Standalone Results:

Revenue from Operations: ₹4,645.80 (Q1 FY27) vs ₹4,427.67 (Q1 FY26) - +4.9% YoY

Total Income: ₹4,795.21 (Q1 FY27) vs ₹4,570.38 (Q1 FY26)

Net Profit: ₹676.06 (Q1 FY27) vs ₹609.65 (Q1 FY26) - +10.9% YoY

EPS: ₹15.49 (Q1 FY27) vs ₹13.97 (Q1 FY26)

Other Equity: ₹20,777.49 (as of March 31, 2026)

Expense Breakdown:

  • Cost of Raw Materials Consumed: ₹2,395.79
  • Purchases of stock-in-trade: ₹38.57
  • Manufacturing Expense: ₹774.20
  • Employee benefit expense: ₹240.55
  • Finance Costs: ₹18.00
  • Depreciation and amortisation: ₹135.28
  • Other Expenses: ₹212.40

Tax Expenses: ₹233.70 (Current Tax: ₹220.50, Deferred Tax: ₹13.20)

Consolidated Results:

Revenue from Operations: ₹4,645.80 (Q1 FY27) vs ₹4,427.67 (Q1 FY26)

Total Income: ₹4,803.84 (Q1 FY27) vs ₹4,580.00 (Q1 FY26)

Net Profit: ₹682.49 (Q1 FY27) vs ₹616.81 (Q1 FY26)

EPS: ₹15.63 (Q1 FY27) vs ₹14.13 (Q1 FY26)

Profit attributable to: Equity holders of parent: ₹682.49

Segment-wise Performance:

The Company operates in a single segment: Forging and Engineering quality carbon and alloy steels in accordance with Ind AS 108.

Corporate Actions:

Not Specified

Other Significant Information:

The Company has accounted for the impact of Labour Codes notified by Government of India on November 21, 2025. ₹79.26 Million was accounted in previous year as "Exceptional Items" due to change in wage definition.

Manufacturing expenses include stores and spares consumed, job work manufacturing charges, power and fuel, repairs etc.

Previous quarter/year figures have been regrouped and reclassified for comparability.