News ArticleFoseco India Limited Reports ₹3,333.61 lakh Net Profit in Q3 2026 on ₹19,855.09 lakh Revenues
Company also updates on acquisition of Vesuvius India Limited’s Mehsana manufacturing business with ₹4,325 lakh consideration
Foseco India Limited announced its unaudited financial results for Q3 and nine months ended September 30, 2026, reporting a net profit of ₹3,333.61 lakh for Q3 2026. The total revenue from operations reached ₹19,855.09 lakh, supported by detailed segment reporting and disclosures on exceptional items.
Foseco India Limited
Financial Results
Foseco India Limited announced its unaudited financial results for the quarter and nine months ended September 30, 2026, with a net profit of ₹3,333.61 lakh for the quarter. The company reported total revenue from operations of ₹19,855.09 lakh for Q3 2026.
The company’s total income from operations for Q3 2026 was ₹19,855.09 lakh, complemented by other income of ₹1,112.34 lakh, resulting in gross revenue of ₹20,967.43 lakh. Total expenses amounted to ₹16,659.66 lakh, including costs for materials, stock purchases, employee benefits, finance costs, depreciation, and other expenses.
Profit before tax stood at ₹4,307.77 lakh, with a tax expense totaling ₹974.16 lakh (including current and deferred tax), leading to the net profit figure for the period.
For the nine months ended September 30, 2026, Foseco India Limited's total income from operations reached ₹54,353.35 lakh, with total revenue including other income of ₹56,571.38 lakh.
The company disclosed exceptional items related to prior acquisition expenses and transactions involving its subsidiary shares.
Further, the Board approved the acquisition of Vesuvius India Limited's business undertaking in Mehsana, Gujarat, for ₹4,325 lakh, subject to fulfillment of preconditions and regulatory approvals.
Highlights
- Q3 2026 total revenue from operations: ₹19,855.09 lakh
- Net profit for Q3 2026: ₹3,333.61 lakh
- Nine-month total revenue from operations: ₹54,353.35 lakh
- Exceptional item loss of ₹349.27 lakh due to subsidiary shares transaction
- Acquisition of Vesuvius India Limited's manufacturing business for ₹4,325 lakh in progress
- Earnings per share in Q3 2026: ₹44.23 (basic and diluted)
Key Data Snapshot
Financial performance
- For Q3 2026, revenues from operations were ₹19,855.09 lakh with total income including other income of ₹20,967.43 lakh.
- Total expenses during the quarter were ₹16,659.66 lakh, covering material costs, employee benefits, finance costs, and depreciation.
- Net profit after tax recorded at ₹3,333.61 lakh for the quarter ended September 30, 2026.
- Earnings per equity share stood at ₹44.23 for the quarter.
- Nine months ended September 30, 2026, revenues totaled ₹54,353.35 lakh with net profit of ₹8,016.09 lakh.
Transaction details
- The Board approved acquisition of Vesuvius India Limited's manufacturing business in Mehsana, Gujarat for ₹4,325 lakh subject to approvals and conditions.
- Exceptional items totaling a loss of ₹349.27 lakh relate to prior expenses and subsidiary share transactions.
- Company explained that acquisition and open offer disclosures pertain to regulatory and shareholding limits.
- Acquisition includes assets mainly engaged in manufacturing crucibles and related products for the non-ferrous industrial sector.
Regulatory and governance context
- Unaudited financial results were reviewed by the Audit Committee and approved by the Board on 6th November 2026.
- The Statutory Auditors conducted a limited review with an unmodified report confirming results’ compliance to Indian Accounting Standards.
- Results adhere to Ind AS 34 Interim Financial Reporting and SEBI Listing Regulations.
- Company operates under one reportable segment: metallurgical products and services.
Highlights
- Q3 2026 total revenue from operations: ₹19,855.09 lakh
- Net profit for Q3 2026: ₹3,333.61 lakh
- Nine-month total revenue from operations: ₹54,353.35 lakh
- Exceptional item loss of ₹349.27 lakh due to subsidiary shares transaction
- Acquisition of Vesuvius India Limited's manufacturing business for ₹4,325 lakh in progress
- Earnings per share in Q3 2026: ₹44.23 (basic and diluted)
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Indian Accounting Standard 34 (Ind AS 34)
- Companies Act, 2013
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations
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