Usha Martin Q1 FY27 Revenue Up 16.4% to ₹1,033 Cr

Usha Martin Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a 16.4% year-on-year increase in revenue from operations to ₹1,033.0 crore. Operating EBITDA grew by 43.8% to ₹208.0 crore, with margins expanding to 20.1% from 16.3% in the prior year. Profit After Tax (PAT) saw a significant rise of 40.9% to ₹142.0 crore. The company highlighted strong performance in its rope business across India, the US, and Europe, and robust volume growth in its wires business. Usha Martin also reported a net cash position of approximately ₹465 crore and an upgrade in its long-term credit rating to IND AA-/Stable.