The outcome of the meeting of Board of Directors of the Company held on August 6, 2025 The Un-audited Financial Results for the first quarter ended as on June 30, 2025 were considered ....
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Morganite Crucible (India) Limited's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) at a meeting held on August 6, 2025. Revenue from operations stood at ₹4,254.34 lakhs, marginally down from ₹4,289.65 lakhs in the same quarter last year. Profit before tax fell sharply to ₹843.22 lakhs from ₹1,071.22 lakhs YoY (about a 21% decline). Net profit for the quarter was ₹577.22 lakhs versus ₹789.71 lakhs in Q1 FY25, a drop of around 27%, with basic EPS at ₹10.31 compared to ₹14.10 previously. The statutory auditors (Deloitte Haskins & Sells LLP) issued an unmodified limited review report with no qualifications or concerns flagged. The company continues to operate as a single-segment business focused on manufacturing and sale of crucibles.
Profitability has weakened meaningfully year-on-year despite stable topline, suggesting margin pressure from higher input or operating costs. Short-term sentiment may be cautious, though the company remains profitable and the audit report carries no red flags.