Summary of Key Information:

Reporting Period: Quarter and half year ended 30th September, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Limited Review Report completed by statutory auditors B S R & Co. LLP. No qualifications or modifications noted in the review report. The review report states: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [Rs. in Crores]:

Standalone Results:

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹603.30 (vs ₹461.60 in H1 FY26 - 30.7% increase)
  • Total Income: ₹607.11
  • Net Loss: ₹(35.18) (vs Net Profit of ₹10.47 in H1 FY26)
  • Basic and diluted EPS: ₹(2.60)

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹581.15
  • Total Income: ₹592.07
  • Net Profit: ₹0.16
  • Basic and diluted EPS: ₹0.01

Expense Breakdown (H1 FY27):

  • Cost of raw material consumed: ₹397.41
  • Employee benefits expense: ₹50.58
  • Finance costs: ₹12.74
  • Depreciation and amortization: ₹23.05
  • Other expenses: ₹185.14
  • Total expenses: ₹654.13

Consolidated Results:

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹1,607.44 (vs ₹1,170.82 in H1 FY26 - 37.3% increase)
  • Total Income: ₹1,613.93
  • Net Loss: ₹(29.65) (vs Net Profit of ₹34.44 in H1 FY26)
  • Basic and diluted EPS: ₹(2.24)
  • Net loss attributable to owners: ₹(30.27)

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹852.36
  • Total Income: ₹856.00
  • Net Loss: ₹(26.27) (vs Net Profit of ₹17.72 in Q2 FY26)
  • Basic and diluted EPS: ₹(1.97)
  • Net loss attributable to owners: ₹(26.68)

Expense Breakdown (H1 FY27):

  • Cost of raw material consumed: ₹1,142.34
  • Employee benefits expense: ₹111.60
  • Finance costs: ₹30.41
  • Depreciation and amortization: ₹53.70
  • Other expenses: ₹380.65
  • Total expenses: ₹1,650.85

Segment-wise Performance:

The Group has only one reportable business segment: Automotive Components

Segment Revenue (Consolidated):

  • Q2 FY27: ₹852.36 crore
  • Q1 FY27: ₹755.08 crore
  • Q2 FY26: ₹627.36 crore
  • H1 FY27: ₹1,607.44 crore
  • H1 FY26: ₹1,170.82 crore
  • FY26: ₹2,477.73 crore

Segment Results (Consolidated):

  • Q2 FY27: ₹(17.33) crore loss
  • Q1 FY27: ₹10.22 crore profit
  • Q2 FY26: ₹36.57 crore profit
  • H1 FY27: ₹(7.11) crore loss
  • H1 FY26: ₹68.54 crore profit
  • FY26: ₹131.03 crore profit

Segment Assets and Liabilities (Consolidated as of 30.09.2026):

  • Segment Assets: ₹2,447.49 crore
  • Segment Liabilities: ₹1,698.73 crore

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this board meeting.

Other Significant Information:

Exceptional Items:

  • Voluntary Retirement Scheme expenditure: ₹0.32 crores for both Group and Company for H1 FY27
  • One-time impact of New Labour Codes recognized in FY26: ₹7.38 crores for Group and ₹6.17 crores for Company

Asset Held for Sale:

  • During FY26, the Company entered into an agreement to sell land situated at Haridwar
  • The asset has been classified as "Asset held for sale" with value of ₹10.19 crore

Cash Flow (Consolidated H1 FY27):

  • Net cash generated from operating activities: ₹67.18 crore
  • Net cash used in investing activities: ₹(140.63) crore
  • Net cash generated from financing activities: ₹65.77 crore
  • Net decrease in cash and cash equivalents: ₹(7.68) crore