Foseco India Ltd, incorporated in 1958 and engaged in manufacturing metallurgical additives and consumables that enhance casting properties for foundry industry, reported lower profits amid revenue expansion for Q2FY26.
Financial Highlights:
- Revenues increased 7.09% year-on-year to ₹151 crore from ₹141 crore.
- Total expenses rose 5.88% to ₹126 crore from ₹119 crore.
- Consolidated net profit
- fell 15.79% to ₹16 crore from ₹19 crore.
- Earnings per share declined 13.79% to ₹25.82 from ₹29.95.
Revenue growth from foundry demand recovery was offset by cost pressures and margin compression (OPM stable ~18%).
Outlook:
Foseco India Ltd targets sustained automotive/industrial demand recovery and operational efficiencies to improve profitability trajectory.
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