USHAMART Usha Martin Q2 FY26 results (Jul–Sep 2025) and concall
Usha Martin delivered a strong financial performance in Q2 FY26, with robust revenue growth in the Wires segment and significant margin expansion. The company achieved a net cash position and substantially reduced debt, reflecting effective cost management and strategic initiatives. Despite softer volumes in some segments due to external factors, management anticipates higher throughput and growth in the second half of FY26.
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What they filed
Q2 FY26: revenue up 1.9%, net profit up 0.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 891 | 861 | 896 | 887 | 908 +2% |
| EBITDA | 161 | 143 | 140 | 145 | 173 +7% |
| Net profit | 109 | 92 | 101 | 101 | 110 +1% |
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.





