Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
The Limited Review Report issued by B S R & Co. LLP states a clean review opinion. Nothing came to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights (Rs. in Crores):
Standalone Results:
Revenue from Operations: ₹581.15 Cr (Q1 FY27) vs ₹387.88 Cr (Q1 FY26) — 50% YoY increase
Total Income: ₹592.07 Cr (Q1 FY27) vs ₹389.83 Cr (Q1 FY26)
Net Profit: ₹0.16 Cr (Q1 FY27) vs ₹4.54 Cr (Q1 FY26) — 96% YoY decrease
EPS: ₹0.01 (Q1 FY27) vs ₹0.34 (Q1 FY26)
Other Equity: Not specified for current quarter
Consolidated Results:
Revenue from Operations: ₹755.08 Cr (Q1 FY27) vs ₹543.46 Cr (Q1 FY26) — 39% YoY increase
Total Income: ₹757.93 Cr (Q1 FY27) vs ₹545.46 Cr (Q1 FY26)
Net Profit: Loss of ₹3.59 Cr (Q1 FY27) vs Profit of ₹16.33 Cr (Q1 FY26)
EPS: Loss of ₹0.27 (Q1 FY27) vs Profit of ₹1.24 (Q1 FY26)
Other Equity: Not specified for current quarter
Segment-wise Performance:
The Group operates in one reportable business segment: Automotive Components.
Segment Revenue (Consolidated): ₹755.08 Cr (Q1 FY27) vs ₹543.46 Cr (Q1 FY26)
Segment Results (Consolidated Profit): ₹10.22 Cr (Q1 FY27) vs ₹31.46 Cr (Q1 FY26)
Segment Assets: ₹2,351.69 Cr (Q1 FY27)
Segment Liabilities: ₹1,572.18 Cr (Q1 FY27)
Exceptional Items:
The Company and Group incurred exceptional items of ₹0.10 Cr each related to Voluntary Retirement Scheme expenditure.
Other Significant Information:
Figures for quarter ended 31 March 2026 are balancing figures between audited full year figures and reviewed year-to-date figures up to the third quarter of previous financial year.
The Group has recognized a one-time increase in employee benefit obligations on account of New Labour codes effective November 21, 2025, amounting to ₹7.38 Cr for Group and ₹6.17 Cr for Company in the results for year ended 31 March 2026.