Vesuvius India Announces Senior Management Personnel Resignation Effective March 31, 2026

Vesuvius India Limited has announced the resignation of a senior management personnel, informing stock exchanges through a regulatory filing dated March 31, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Personnel Departure

Mr. Akash Sharma, who served as Regional Quality Director for Steel & IP, has tendered his resignation from Vesuvius India Limited. The resignation becomes effective from the close of business hours on March 31, 2026. According to the company's disclosure, Mr. Sharma is leaving to take up a global role within the Vesuvius Group.

Parameter	Details
Name	Mr. Akash Sharma
Position	Regional Quality Director, Steel & IP
Reason for Change	Taking up global role within Vesuvius Group
Effective Date	Close of business hours, March 31, 2026
Employee ID	0476

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by providing comprehensive details as required under SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed by Saheb Ali, Company Secretary & Compliance Officer (Membership No.: A33361), and submitted to both BSE Limited and National Stock Exchange of India Limited.

Resignation Details

Mr. Sharma submitted his formal resignation letter on March 30, 2026, addressed to Mr. Mohinder Rajput, Managing Director of Vesuvius India Limited. In his resignation letter, he expressed gratitude for the support, guidance, and cooperation received from colleagues during his tenure with the organization. The company noted that Mr. Sharma was not a Director on the Board of the Company as per the provisions of the Companies Act, 2013.

Corporate Structure Impact

The transition represents an internal movement within the broader Vesuvius Group structure, as Mr. Sharma moves from his regional role in India to a global position within the same corporate family. This type of internal mobility reflects the integrated nature of multinational corporate operations and talent management across different geographical markets.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.35%	-3.15%	-8.28%	-9.76%	+3.75%	+360.67%

Vesuvius India delivered strong financial results in its third quarter, demonstrating robust operational performance across key metrics. The company reported significant growth in profitability while maintaining healthy revenue expansion and improved operational efficiency.

Financial Performance Overview

The company's financial metrics showed consistent improvement across all major parameters during the quarter:

Metric:	Q3 Current Year	Q3 Previous Year	Growth (%)
Net Profit:	₹802 million	₹599 million	+33.90%
Revenue:	₹5.50 billion	₹5.10 billion	+7.80%
EBITDA:	₹936 million	₹819 million	+14.30%
EBITDA Margin:	16.99%	16.11%	+88 bps

Profitability and Revenue Growth

Vesuvius India's net profit registered a substantial increase of 33.90% year-on-year, reaching ₹802 million compared to ₹599 million in the corresponding quarter of the previous year. This strong profit growth was supported by revenue expansion of 7.80%, with total revenue rising to ₹5.50 billion from ₹5.10 billion year-on-year.

Operational Efficiency Improvements

The company demonstrated enhanced operational efficiency during the quarter, with EBITDA growing 14.30% to ₹936 million from ₹819 million in the same period last year. More notably, EBITDA margin expanded to 16.99% from 16.11% year-on-year, reflecting an improvement of 88 basis points and indicating better cost management and operational leverage.

Performance Analysis

The financial results highlight Vesuvius India's ability to deliver profitable growth while expanding market presence. The company's profit growth significantly outpaced revenue growth, suggesting improved operational efficiency and effective cost control measures. The expansion in EBITDA margin further reinforces the company's focus on enhancing profitability alongside business growth.