
Quarterly Result7 Aug 2026, 03:14 pm
Electrosteel Castings Q1 FY27 Consolidated Income at ₹1,465 Cr
AI Summary
Electrosteel Castings Limited reported its unaudited financial results for the quarter ended June 30, 2026. Consolidated total income stood at ₹1,465 Crores, a 4.3% decrease QoQ, attributed to subdued demand and lower government spending on water infrastructure. Consolidated EBITDA was ₹139 Crores with a margin of 9.5%, and Profit After Tax (PAT) was ₹48 Crores. Standalone total income declined 8.9% QoQ to ₹1,119 Crores, with PAT at ₹6 Crores. The company anticipates demand recovery by the end of the current quarter, driven by the Jal Jeevan Mission 2.0 and infrastructure investments. ECL is also expanding its valve business and entering the industrial paints and protective coatings sector.
Key Highlights
- Consolidated income ₹1,465 Cr, down 4.3% QoQ.
- Consolidated EBITDA ₹139 Cr; PAT ₹48 Cr.
- Standalone income ₹1,119 Cr, down 8.9% QoQ.
- Standalone PAT ₹6 Cr.
- Demand expected to recover by end of FY27.
Price Impact
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