Shriram Pistons & Rings Limited has informed the Exchange about Press Release

Shriram Pistons & Rings Limited reported a strong start to FY26 with consolidated Total Income rising 14.9% year-on-year to Rs. 9,917 Million in Q1FY26, driven by growth in exports across all segments despite a weak domestic auto industry. Consolidated EBITDA grew 16.5% YoY to Rs. 2,234 Million with margins improving to 22.5% from 22.2%, and Profit After Tax (PAT) rose 15.1% YoY to Rs. 1,348 Million while PAT margin held steady at 13.6%. On a standalone basis, Total Income grew 9.8% YoY to Rs. 8,622 Million, EBITDA rose 12% to Rs. 2,024 Million, and PAT increased 13.5% to Rs. 1,298 Million. Management noted that the high-volume two-wheeler segment saw a 6% drop in sales volumes while other segments were flat, but new businesses in EV components (electric motors and controllers) and high-precision injection moulding are providing growth impetus.