Announced Fri, 24 Jul · 14:42 IST
Q1 profit up, Chaitanya Jalan made Joint MD, Rs 170.52 cr capex approved
Management Changes View source PDF
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Price reaction · full curve 14 horizons · vs prior close
+7.1%1-day move
₹583.75
prior close
₹576.00
base price
In-mkt
timing
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AI summary
Q1 FY27 standalone revenue Rs 1,097.22 cr (up from Rs 936.69 cr YoY), PAT Rs 52.18 cr vs Rs 21.51 cr. Consolidated revenue Rs 1,216.67 cr, PAT Rs 46.88 cr. Board redesignated Chaitanya Jalan (son of MD Naresh Jalan, grandson of non-executive director) as Joint Managing Director. Approved Rs 170.52 cr capex for 4000 tonne press line and passenger vehicle components, adding 8,800 MT by Sept 2027.
Likely market impact
Strong profit growth, promoter family elevation to top management, and expansion into passenger vehicles signal growth focus.