Igarashi Motors India Limited has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, showing improvements in both revenue and profitability.

Revenue and Profitability

The company reported significant year-on-year increases in revenue and profit for Q2 FY2026:

Igarashi Motors saw a substantial increase in revenue, growing from ₹177.32 crore in Q2 FY2025 to ₹215.05 crore in Q2 FY2026, representing a 21.28% year-on-year growth. The company also experienced a significant improvement in profitability, with net profit more than doubling from the previous year.

Half-Year Performance

For the half-year period ended September 30, 2025, the company reported:

• Revenue: ₹416.74 crore
• Net Profit: ₹12.73 crore

Segment Performance

Igarashi Motors operates in two main segments: Automotive and Non-Automotive manufacturing. Specific segment-wise revenue breakdown for Q2 FY2026 was not provided in the results.

Earnings Per Share

The Basic Earnings Per Share (EPS) for Q2 FY2026 stood at ₹1.90, showing a significant improvement from ₹0.80 in the corresponding quarter of the previous year.

Board Approval

The Board of Directors approved these financial results at their meeting held on November 6, 2025.

Conclusion

Igarashi Motors India Limited has demonstrated strong performance in Q2 FY2026, with notable improvements in both revenue and profitability. The substantial increase in net profit and earnings per share indicates effective cost management and operational efficiency. The company's growth in the reported quarter provides a positive outlook for its stakeholders.

Igarashi Motors India Limited , a leading manufacturer of automotive and non-automotive components, has reported a decline in both revenue and net profit for the first quarter of the fiscal year.

Financial Performance

The company's revenue from operations for Q1 stood at ₹2,047.13 crore, down from ₹2,220.71 crore in the same period last year, marking a decrease of approximately 7.8%. This decline was primarily observed in the automotive segment, which contributed ₹1,773.23 crore to the total revenue.

Net profit for the quarter saw a significant drop, falling to ₹25.10 crore from ₹81.60 crore in the corresponding quarter of the previous year, representing a substantial decrease of about 69.2%.

Segment-wise Performance

Igarashi Motors operates in two main segments: Automotive and Non-Automotive. The breakdown of segment revenue is as follows:

The automotive segment remained the primary revenue generator, contributing about 86.6% of the total revenue.

Expenses and Profitability

The company's total expenses for the quarter amounted to ₹2,021.51 crore, slightly lower than the ₹2,125.21 crore reported in the same quarter last year. Despite this reduction in expenses, the significant drop in revenue led to a decrease in profitability.

Key expense items for the quarter included:

• Cost of materials consumed: ₹1,309.76 crore
• Employee benefit expense: ₹206.59 crore
• Depreciation and amortization expense: ₹138.74 crore
• Finance costs: ₹31.67 crore

Other Financial Metrics

• Earnings per share (EPS) for the quarter stood at ₹0.80, compared to ₹2.59 in the same quarter of the previous year.
• The company's total assets as of June 30 were ₹7,963.14 crore, with the automotive segment accounting for ₹6,334.38 crore.

Management Commentary

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 07.

Igarashi Motors India Limited continues to navigate challenges in the automotive sector, as reflected in the Q1 results. The company's performance in the coming quarters will be closely watched by investors and industry analysts alike.