Foseco India Limited has submitted to the Exchange, the standalone and consolidated financial results for the period ended March 31, 2026.
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Foseco India Limited reported standalone Q4 FY2026 revenue of Rs 16,270.26 lakh (up ~9.5% YoY) and net profit of Rs 2,396.17 lakh (up ~10.6% YoY). On a consolidated basis, revenue stood at Rs 20,187.96 lakh and net profit at Rs 3,348.69 lakh, reflecting the first full quarter impact of the newly acquired subsidiary Foseco Crucible (India) Limited (FCIL). Consolidated net profit grew ~54.5% YoY driven by the acquisition and a reversal of Rs 216.37 lakh labour code provision (exceptional item). The Statutory Auditor (Price Waterhouse Chartered Accountants LLP) issued an unmodified limited review report on both standalone and consolidated results. The Board also re-appointed Ernst & Young LLP as Internal Auditor for one year from April 1, 2026.
Strong consolidated profit growth reflects the FCIL acquisition contribution; standalone performance remains steady with ~10% profit growth. The unmodified auditor report with no qualifications is a positive signal for financial reporting quality.