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Electrosteel Castings LimitedResults, 10-11-2025: Integrated Filing- Financial

10-11-2025 | 03:36 pm

Electrosteel Castings posted a significant decline for Q2 FY26 and H1 FY26. Consolidated Revenue fell 23.63% YoY to Rs. 1395.79 Cr (H1: Rs. 2953.48 Cr, down 23.09%). Net Profit for owners plummeted 49.54% YoY to Rs. 78.29 Cr (EPS Rs. 1.27) for the quarter, and 56.09% to Rs. 167.34 Cr (EPS Rs. 2.71) for H1, alongside compressed margins. Other income was boosted by a Rs. 63.62 Cr tax settlement write-back. New acquisitions, notably T.I.S. Service (Rs. 114.70 Cr) and Arabian Water Tech, impact Q2 comparability. Auditors highlighted material uncertainties surrounding coal block compensation and ESL Steel disputes. This reflects a mixed financial momentum with significant unresolved legal challenges.

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