Pitti Engineering's Q3 & 9M FY26 Results: 15% Y-o-Y Total Income Growth
Pitti Engineering Limited, a leading producer of electrical steel laminations and machined components, announced its un-audited Financial Results for the Third Quarter and Nine Months ended 31st December 2025. Q3FY26 Total Income stood at Rs. 484 Cr with a 257 increase and a 4% growth in Adjusted EBITDA and Adjusted PAT respectively. For 9MFY26, Total Income increased by 14% to Rs. 1,447 Cr, driven by robust volume growth across the value-added product portfolio. The company has secured tie-ups with BIS-approved mills in Korea and Japan to liquidate excess inventory and reduce finance costs. Capacity utilization remains healthy, and the company's capex plan is on track. A merger of Wholly Owned Subsidiaries with the company is aimed at enhancing organizational efficiencies.
Key Highlights
- Q3 FY26 total income rose 15% Y-o-Y to Rs. 484 crore.
- Adjusted EBITDA grew 25% to Rs. 83 crore, while Adjusted PAT grew 4% Y-o-Y to Rs. 30 crore.
- For 9MFY26, revenue increased 14% to Rs. 1,447 crore.
- Secured tie-ups with BIS-approved mills in Korea and Japan to manage inventory and reduce finance costs.
- Company's capex plan remains on track, with calibrated expansion across key facilities and value-added capabilities.