Synopsis:
Foseco India posted Rs. 157 crore revenue in Q1 FY26, up 6 percent QoQ and 26 percent YoY; net profit dipped 0.5 percent QoQ but rose 16 percent YoY.
During Wednesday’s trading session, shares of the leading supplier of metallurgical chemicals for the ferrous and non-ferrous foundry industry surged nearly 13 percent to hit a record high at Rs. 5,485.85 on BSE, after reporting mixed financial results for Q1 FY26.
At 11:21 a.m., the shares of Foseco India Limited were trading in the green at Rs. 5,400 on BSE, up by around 11.5 percent, as against its previous closing price of Rs. 4,843.1, with a market cap of Rs. 3,449 crores. The stock has delivered positive returns of around 14 percent in the last one year, and has gained by over 8 percent in the last one month.
What’s the News
According to the latest regulatory filings on the stock exchanges, Foseco India Limited announced the financial results for Q1 FY26 on Tuesday after market hours. For Q1 FY26, Foseco India reported a revenue from operations of Rs. 157 crores, marking around a 6 percent QoQ growth compared to Rs. 148.5 crores in Q4 FY25, and a year-on-year increase of about 26 percent from Rs. 125 crores recorded in Q1 FY25.
The company’s net profit for the quarter stood at Rs. 21.5 crores, reflecting a marginal decline of around 0.5 percent QoQ compared to Rs. 21.6 crores in Q4 FY25, but a year-on-year rise of about 16 percent from Rs. 18.5 crores recorded in Q1 FY25. Further, the Earnings per Share (EPS) of Foseco reached Rs. 33.72 in Q1 FY26, as compared to Rs. 33.93 in Q4 FY25 and Rs. 28.97 in Q1 FY25.
Foseco India Limited is engaged in the manufacturing of products used in the metallurgical industry, and the products are in the nature of additives and consumables that improve the physical properties and performance of castings. The manufacturing activities are at Sanaswadi, Pune and Puducherry.
The company has manufacturing capabilities in all the main steel and foundry markets in the world and is a leader in the supply of consumable products and solutions.
Foseco is the leading supplier of metallurgical chemicals for the ferrous and non-ferrous foundry industry, and its products are sold both directly and indirectly to industries like passenger cars and SUVs, commercial vehicles, agricultural machinery, construction and general purpose steel, textile machinery, 2 & 3-wheelers. Its products also found usage in steel, petrochemical and food industry valves and pumps.
Written by Shivani Singh
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