Consolidated Sales at Rs.1411 Crores

PAT at Rs.76 Crores

Standalone Sales at Rs.846 Crores

PAT at Rs.88 Crores

Chennai: The Board of Directors met today and approved the results for the quarter ended June 30, 2026.

Financial performance

In Q1FY27, Standalone sales of Rs. 846 Cr grew by 21.2% compared to sales of Rs. 698 Cr in Q1FY26. Electrominerals segment grew by 33.0%. Abrasives and Ceramics grew by 14.7% and 15.2% respectively compared to Q1FY26.

In Q1FY27, Consolidated sales of Rs. 1411 Cr grew by 16.9% compared to sales of Rs. 1207 Cr in Q1FY26. Abrasives segment grew by 20.1%. Ceramics and Electrominerals segments grew by 16.5%, and 16.8% respectively compared to Q1FY26.

In Q1FY27, Standalone PAT was Rs. 88 Cr as compared to Rs.77 Cr in Q1FY26, excluding the one-time dividend of Rs. 68 Cr received from a subsidiary in Q1FY26.

In Q1FY27, Consolidated Profit after tax and non-controlling interest was Rs.76 Cr, which is a 23.4% growth compared to Rs. 62 Cr in Q1FY26, and loss after tax of Rs. 18 Cr in Q4FY26.

At the consolidated level, capital expenditure incurred during Q1FY27 was Rs.54 Cr, and the debt equity ratio was 0.05.

Abrasives

Consolidated sales for Q1FY27 was Rs. 610 Cr. This is an increase of 20.1% compared to Q1FY26, and at a similar level compared to Q4FY26. Standalone sales for the quarter was Rs. 328 Cr. This is a growth of 14.7% compared to Q1FY26, and a decline of 6.9% compared to Q4FY26.

In Q1FY27, consolidated profits before finance costs and tax was Rs. 40 Cr, compared to Rs. 11 Cr in Q1FY26, and Rs. 32 Cr in Q4FY26. Standalone PBIT was Rs. 34 Cr, which is an 8% drop compared to Q1FY26, and lower than PBIT of Rs. 60 Cr in Q4FY26.

Electro Minerals

In Q1FY27, consolidated sales was Rs. 473 Cr. This is a growth of 16.8% compared to Q1FY26, and a growth of 10.7% compared to Q4FY26. Standalone sales for the quarter was Rs. 282 Cr. This is the growth of 33.0% compared to Q1FY26 and a growth of 12.2% compared to Q4FY26.

In Q1FY27, consolidated profit before finance cost and tax was at Rs.22 Cr, compared to Rs. 4 Cr in Q1FY26, and Rs. 19 Cr in Q4FY26. Standalone PBIT was Rs.39 Cr as compared to Rs.7 Cr in Q1FY26 and 40.3% higher as compared to Q4FY26.

Ceramics

Consolidated Sales for Q1FY27 was Rs. 349 Cr. This is a growth of 16.5% compared to Q1FY26, and a drop of 0.7% compared to Q4FY26. Growth was driven by the Standalone Business. Standalone sales for the quarter was Rs.274 Cr. This is a growth of 15.2% compared to Q1FY26 and a drop of 1.6% compared to Q4FY26.

In Q1FY27 Consolidated Profit before finance cost and tax of Rs.74 Cr was at a similar level to Q1FY26, and higher by 19.1% as compared to Q4FY26. Standalone PBIT was Rs.59 Cr as compared to Rs.62 Cr in Q1FY26 and higher by 3.5% as compared to Q4FY26.