Usha Martin Ltd is primarily engaged in manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in sale of other products such as wire drawing and allied machines.
Usha Martin reported a strong Q1 FY27, with consolidated revenue up 16% YoY to ₹1,033 Cr, EBITDA up 44% to ₹208 Cr (20.1% margin), and PAT up 41% to ₹142 Cr. This growth is driven by a strategic shift towards high-value specialized products and improved realizations. While Middle East volumes...