Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company''s Board of Directors, at their ....
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Awaiting price reaction for this filing.
Nitin Castings' Board, at its meeting on January 17, 2026 (3:00 PM to 4:00 PM), approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report of statutory auditors. For 9M FY26, Net Sales came in at around ₹112.46 crores, down roughly 25% from about ₹150.57 crores in 9M FY25. However, Total Income was largely flat at ₹116.97 crores (vs ₹115.33 crores), cushioned by higher other income. Profit After Tax (PAT) for 9M FY26 declined about 20% YoY to roughly ₹9.96 crores (from ₹12.41 crores), with 9M EPS falling to ₹17.39 from ₹19.37. Q3 FY26 EPS stood at ₹3.29 versus ₹3.50 in the year-ago quarter. The P&L also shows a separate line for Exceptional Items. The statutory auditor, Jhunjhunwala Jain & Associates LLP, issued a clean limited review report with no qualifications.
The sharp ~25% drop in 9M Net Sales points to continued demand or pricing weakness in the steel/casting business, which dragged down PAT by ~20% even as other income provided support. This mixed performance could weigh on near-term sentiment for the stock, though the clean auditor review and continued profitability offer some reassurance.