Electrosteel Castings Limited — Results, 18-05-2026: Integrated Filing- Financial
18-05-2026 · 03:58 pm
Electrosteel Castings reported FY26 consolidated revenue declining 19.15% to ₹5918.02 Cr, while net profit plunged 77.25% to ₹161.44 Cr (EPS ₹2.61). These figures include partial contributions from the TIS acquisition and a ₹63.62 Cr tax dispute settlement that boosted other income. However, the audited financials are qualified due to ongoing legal uncertainties involving a cancelled coal block and prior investments in ESL Steel, obscuring the precise financial impact. The company proposed a final dividend of Re. 0.90 per share and plans to expand into the industrial paints market. Overall, the results reflect mixed financial momentum with major uncertainties.
No comments yet. Be the first to comment!
