Aaron Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
AARON · price
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Aaron Industries Limited reported standalone revenue of ₹9,200.50 Lakhs for FY26, up 18% from ₹7,793.05 Lakhs in FY25, driven by growth in both Elevator Division (₹6,899 Lakhs, up 11%) and Steel Polishing Division (₹2,301 Lakhs, up 45%). However, net profit declined 17.5% to ₹679.74 Lakhs from ₹824.32 Lakhs, primarily due to higher raw material costs (₹6,370.73 Lakhs, up 28%) and increased finance costs (₹258.86 Lakhs, up 90%). The Steel Polishing Division continues to incur significant losses of ₹1,427.32 Lakhs, partially offset by strong Elevator Division profits. The Board recommended a 5% dividend (₹0.50 per share). EPS was restated due to a 1:1 bonus issue in September 2025. The statutory auditor issued an unmodified clean opinion.
Revenue growth is healthy at 18% but profit decline of 17.5% signals margin pressure from rising input costs and finance expenses. The loss-making Steel Polishing Division remains a concern for shareholders despite operational improvements.