Quarterly Result18 May 2026, 03:34 pm
Electrosteel Castings FY26: Total Income ₹6,133 Cr
AI Summary
Electrosteel Castings Ltd announced its audited financial results for the quarter and year ended March 31, 2026. Consolidated total income for FY26 stood at ₹6,133 crores, with EBITDA at ₹574 crores and PAT at ₹161 crores. The results reflect the impact of muted demand and lower government spending on water infrastructure projects. The company anticipates demand recovery by early Q2 FY27, supported by the Jal Jeevan Mission 2.0.
Key Highlights
- Consolidated total income declined by 17.6% YoY to ₹6,133 crores in FY26.
- Consolidated EBITDA decreased to ₹574 crores in FY26, with an EBITDA margin of 9.4%.
- Consolidated PAT stood at ₹161 crores in FY26, including a provision of ₹38 crores for the new labour code.
- Standalone total income decreased by 23.6% YoY to ₹5,228 crores in FY26.
- The Government of India has approved Jal Jeevan Mission 2.0 with an outlay of ₹8.69 Lakh crores.
Price Impact
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