Garg Furnace Ltd — Important, 21-11-2025: Company Update

Garg Furnace Limited announced strong Q2 FY26 financial results, with net profit surging 119.5% quarter-on-quarter to 2.74 Cr and 272.3% year-on-year. The company reported 261.38 Cr in revenue, while operating profit grew 111.5% quarter-on-quarter to 3.11 Cr, expanding operating margins to 5.07%. This robust performance stems from a strategic shift to value-added steel, chemistry-led product innovation, and disciplined cost control. Looking ahead, its subsidiary Vaneera Industries is establishing a new alloy steel facility, poised to enhance the product mix and drive long-term profitability by targeting premium auto, engineering, and defense sectors.