Steelcast Ltd Declares Interim Dividend, Approves Greenfield Foundry Expansion

Steelcast Limited's Board of Directors, in their meeting held on July 29, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a Profit Before Tax of ₹3,177.51 Lakhs and Profit After Tax of ₹2,371.23 Lakhs for the quarter. Key decisions included the approval of setting up a new Greenfield Foundry with an 8500 Tons capacity at an investment of ₹120 Crores, expected to be completed within two years. Additionally, the Board declared a First Interim Dividend of ₹0.45 per equity share for FY 2026-27, with August 7, 2026, fixed as the record date.