Quarterly Result6 Aug 2025, 03:48 pm
Electrosteel Castings Ltd Reports Q1 FY26 Financial & Operational Performance with 22.1% YoY Decline in Total Income
AI Summary
Electrosteel Castings Limited (ECL) has announced its financial results for the first quarter ended June 30, 2025. The company reported a 22.1% Year-over-Year (YoY) decline in total income, which stood at INR 1,586 Crores. The EBITDA for the quarter was INR 198 Crores with an EBITDA margin of 12.5%. The Profit After Tax (PAT) stood at INR 89 Crores with a PAT margin of 5.6%. The decline in total income is attributed to a temporary slowdown of Jal Jeevan Mission funding. ECL has also announced its acquisition of T.I.S. Service S.p.A, an international designer and manufacturer of Valve and Equipment, which is expected to strengthen its position as a comprehensive solutions provider.
Key Highlights
- Total Income declined by 22.1% YoY to INR 1,586 Crores due to temporary slowdown of Jal Jeevan Mission funding.
- EBITDA stood at INR 198 Crores in QIFY26; EBITDA margin was at 12.5% during the quarter.
- PAT stood at INR 89 Crores in QIFY26; PAT margin was at 5.6% during the quarter.
- ECL has acquired 100% shareholding in Italy based company T.I.S. Service S.p.A.
- TIS is amongst the leading international designer and manufacturer of Valve and Equipment for water mains services, sewage treatment plants and hydroelectric power stations.