Total Income: ₹55.43 crore (compared to ₹54.62 crore in Q3 FY25)
Revenue from Operations: ₹54.70 crore (₹54.62 crore in Q3 FY25)
Profit Before Tax: ₹8.27 crore (₹7.87 crore in Q3 FY25)
Net Profit: ₹6.15 crore (₹5.85 crore in Q3 FY25)
Basic EPS: ₹3.03 (not annualized)
Nine-Month Performance (9M FY26)
Total Income: ₹157.90 crore (₹216.33 crore in FY25 audited)
Revenue from Operations: ₹155.36 crore (₹210.43 crore in FY25 audited)
Profit Before Tax: ₹24.70 crore (₹35.64 crore in FY25 audited)
Net Profit: ₹18.39 crore (₹26.41 crore in FY25 audited)
Basic EPS: ₹9.06 (not annualized)
Expense Breakdown (Q3 FY26)
Cost of materials consumed: ₹20.67 crore
Purchase of stock-in-trade: ₹10.02 crore
Employee benefits expense: ₹3.61 crore
Depreciation and amortization: ₹1.66 crore
Other expenses: ₹11.53 crore
Finance costs: ₹0.30 crore
Tax Expense (Q3 FY26)
Current Tax: ₹2.10 crore
Deferred Tax: ₹0.11 crore
Operational Highlights
The company operates as a single segment in manufacturing, trading, and sale of refractories.
The Mehsana manufacturing facility has been classified as held for sale as of September 30, 2026, in accordance with Ind AS 105.
The facility does not constitute a separate major line of business or geographical area of operations, hence not presented as a discontinued operation.
Strategic Development
Entered into a Business Transfer Agreement dated August 13, 2026, with Foseco India Limited for the sale of its Mehsana manufacturing facility.
The facility is engaged in the manufacture of crucibles, stoppers, and sleeves.
The transaction is structured as a slump sale of a going concern.
Consideration: Undisclosed amount in lakhs, subject to adjustments specified in the agreement.
Expected completion date: By December 31, 2026.
Gain on disposal and related tax impact will be recognized upon completion of the transaction.
Governance and Compliance
Board meeting commenced at 5:24 PM and concluded at 6:25 PM (IST) on November 02, 2026.
Financial results reviewed by the Audit Committee and approved by the Board of Directors.
Statutory Auditors, Price Waterhouse Chartered Accountants LLP, issued an unmodified limited review report dated November 02, 2026.
The financial year ends on December 31 annually.
Document signed by Saheb Ali, Company Secretary & Compliance Officer (Membership No.: A33361), and Mohinder Pradip Singh Rajput, Managing Director (DIN: 10608199).
The results will be available on the company website at www.vesuviusindia.in as per Regulation 30(8) of SEBI LODR.
