ELECTCAST Electrosteel Castings Q2 FY26 results (Jul–Sep 2025) and concall
Electrosteel Castings reported a challenging Q2 FY26 with consolidated total income declining to INR 1,491 crores and sales volumes down 28% YoY, primarily due to a slowdown in the DI pipe segment. Despite these headwinds, H1 FY26 consolidated EBITDA stood at INR 386 crores (12.6% margin) and PAT at INR 167 crores, supported by export growth and a one-time other income gain of INR 64 crores. The company remains optimistic about a demand rebound in calendar year 2026, driven by government infrastructure spending, and is integrating its recent T.I.S valve business acquisition.
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What they filed
Q2 FY26: revenue down 23.6%, net profit down 49.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 1,828 | 1,780 | 1,701 | 1,558 | 1,396 −24% |
| EBITDA | 268 | 255 | 160 | 170 | 93 −65% |
| Net profit | 155 | 160 | 168 | 89 | 78 −50% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
