Alicon Castalloy Limited Q3 FY26 Results

We have delivered a resilient performance in Q3 FY26, continuing the steady progress witnessed from the start of the financial year, despite the quarter typically being seasonally softer for our global business. This reflects the underlying strength of our operating model and the benefits of focused execution. During the quarter, consolidated revenues stood at %431 crore, growing 10% on a year-on- year basis and marginally higher on a quarter-on-quarter basis. This was accompanied by robust expansion in PBT and PAT on a YoY basis as profitability in Q3 last year was impacted by certain one offs leading to an unusually low base. Overall performance was led by positive trends in the domestic business, while our global operations continued to face headwinds from the challenging external environment. Restrictions on rare earth magnets and semi-conductors by China continue to be prevalent impacting production schedules of some of our OEM customers, especially for larger vehicles. That said, recent positive developments—including progress on bilateral trade agreements between India and the EU and discussions between India and the US provide an encouraging outlook for our key global markets. In addition, the continued policy thrust articulated in the Union Budget, provides a constructive backdrop for the sector and serves to reinforce medium-term demand visibility. Looking ahead, we are optimistic while remaining cautious and look forward to further improvement in performance in Q4 and into the next fiscal year. We remain focused on advancing key strategic initiatives which, supported by operational discipline, cost optimisation, and strategic agility, will help de-risk the business, strengthen our competitive positioning, and drive sustainable long-term value creation for all stakeholders.