Foseco India (500150) Q2 2026 earnings summary

Executive summary

• Consolidated Q2 revenue reached INR 23,140.65 lakh and net profit INR 3,639.98 lakh; H1 revenue was INR 43,328.63 lakh and net profit INR 6,988.67 lakh. Comparatives are standalone figures because the subsidiary was acquired in the prior year.

• The board approved a proposed INR 4,325 lakh acquisition of a Mehsana manufacturing undertaking, subject to transaction adjustments and execution of ancillary agreements.

Financial highlights

• Standalone Q2 revenue was INR 18,228.00 lakh vs INR 15,725.19 lakh YoY; H1 revenue was INR 34,498.26 lakh vs INR 30,576.68 lakh.

• Standalone Q2 net profit was INR 2,286.31 lakh vs INR 2,153.36 lakh YoY; H1 net profit was INR 4,682.48 lakh vs INR 4,320.23 lakh.

• Consolidated Q2 revenue was INR 23,140.65 lakh and H1 revenue INR 43,328.63 lakh; the prior-year comparison of INR 15,725.19 lakh and INR 30,576.68 lakh represents parent-only results.

• Consolidated Q2 net profit was INR 3,639.98 lakh; H1 net profit was INR 6,988.67 lakh vs INR 4,320.23 lakh in the parent-only comparative period.

• Standalone Q2 exceptional expense of INR 349.27 lakh was related to the disposal of subsidiary shares acquired through the open offer; standalone Q2 PBT after the item was INR 3,204.34 lakh.

Outlook and guidance

• Proposed acquisition of the Mehsana business for INR 4,325 lakh is subject to adjustments under the Business Transfer Agreement and execution of related ancillary agreements.

• The acquisition undertaking manufactures crucibles, stoppers and sleeves for the non-ferrous industrial sector.