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Electrotherm (India)'s revenue decreased 16.6% YoY
  • 12 Feb 2026
  • Electrotherm (India) Ltd reported a 10.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 16.6%.
  • Its expenses for the quarter were up by 12.6% QoQ and down 4.6% YoY.
  • The net profit increased 63.8% QoQ and decreased 140.1% YoY.
  • The earnings per share (EPS) of Electrotherm (India) Ltd declined at 27.8 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Electrotherm (India) Ltd is a diversified engineering and manufacturing company involved primarily in the production of electrical and mechanical equipment. The company is known for its expertise in segments such as metallurgical engineering, electric vehicles, and renewable energy. Electrotherm operates within the industrial sector, providing products and solutions for steelmaking, foundry, and induction heating, among other areas. As of the latest data, there is no specific information available about recent major developments that could impact the company's financial performance for the quarter under review.

For the third quarter of the fiscal year 2026 (Q3FY26), Electrotherm (India) Ltd reported a total income of ₹904.18 crores. This represents a quarter-over-quarter (QoQ) increase of 10.9% from ₹815.61 crores in the second quarter of fiscal year 2026 (Q2FY26). However, on a year-over-year (YoY) basis, the total income decreased by 16.6% from ₹1084.69 crores in the third quarter of fiscal year 2025 (Q3FY25). The observed decline in total income on a YoY basis suggests a reduction in revenue generation compared to the same period in the previous fiscal year.

The financial performance in terms of profitability showed a decline for Electrotherm (India) Ltd in Q3FY26. The company recorded a loss before tax of ₹46.28 crores, which worsened by 62.4% compared to a loss of ₹28.49 crores in Q2FY26, and a significant downturn from a profit of ₹88.27 crores in Q3FY25. The profit after tax was also negative at ₹35.42 crores, deteriorating by 63.8% QoQ from a loss of ₹21.62 crores in Q2FY26, and by 140.1% YoY when compared to a profit of ₹88.34 crores in Q3FY25. Consequently, the earnings per share stood at a negative ₹27.80, a decline from both the previous quarter and the same quarter last year.

Examining the operating expenses, Electrotherm (India) Ltd reported total expenses of ₹950.46 crores for Q3FY26, which marks a 12.6% QoQ increase from ₹844.10 crores in Q2FY26. Compared to the previous year, total expenses decreased by 4.6% from ₹996.42 crores in Q3FY25. The increase in expenses on a quarterly basis, despite the lower revenue, contributed to the negative profitability metrics. Additionally, the tax expenses reported a loss of ₹10.79 crores in Q3FY26, showing a QoQ increase of 58.4% from a loss of ₹6.81 crores in Q2FY26. These figures highlight the financial challenges faced by the company during the reporting period.