The Board of Directors of the Company at their meeting held on Tuesday, the 11th day of November, 2025, inter alia, considered and approved following Agenda Items: 1. Un-Audited Financial ....
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The Board approved the unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. Revenue from operations for Q2 stood at Rs 10,639.47 lakhs (vs Rs 10,370.45 lakhs YoY), while H1 revenue was Rs 20,710.55 lakhs (vs Rs 20,843.65 lakhs YoY). Net profit for Q2 grew ~38% YoY to Rs 291.25 lakhs and H1 profit rose ~35% YoY to Rs 578.48 lakhs. EPS for Q2/H1 stood at Rs 3.08/Rs 6.11 vs Rs 2.55/Rs 5.16 last year. The Board also decided to exit from Himforge Rings LLP (a dormant subsidiary with no operations or capital contribution), which will cease to be a subsidiary of the company.
Profitability improved meaningfully YoY despite flat revenue, suggesting better cost management. Exiting the dormant LLP is housekeeping with no material financial impact, but the company has recently subscribed to 40% of Dinamico Axles & Drive Wheels (associate), signalling future diversification into drive/axle components.