Walchandnagar Industries , a player in the Heavy Engineering sector, has reported its financial results for the second quarter of fiscal year 2026, revealing a challenging period for the company.

Financial Performance

The company's financial performance for Q2 FY2026 shows a deterioration compared to the same period last year:

For the half-year period, Walchandnagar Industries posted a loss of ₹2,229.00 lakhs, compared to ₹1,276.00 lakhs in the corresponding period of the previous year, indicating a significant increase in losses.

Operational Segments

Walchandnagar Industries operates across several segments, including:

• Heavy Engineering
• Foundry
• Machine Shop
• Other segments

Board Approval and Reporting

The unaudited financial results were approved by the Board of Directors at their meeting held on November 13, 2025. The board meeting commenced at 3:03 PM and concluded at 4:24 PM.

Auditor's Review

M/s. Jayesh Sanghrajka & Co. LLP, the statutory auditors of the company, have issued a Limited Review Report for the un-audited financial results for the quarter and half-year ended September 30, 2025.

Preferential Issue Update

In a separate filing, Walchandnagar Industries provided an update on the utilization of funds raised through a preferential issue:

• Total amount raised: ₹247.59 crores
• ₹216.00 crores received in cash from investors
• ₹31.59 crores adjusted towards conversion/appropriation of outstanding loans from promoter entities

The company confirmed that there has been no deviation in the use of proceeds from the stated objectives. The funds have been utilized for various purposes, including loan repayment, working capital, and capital expenditure.

Conclusion

Walchandnagar Industries faces challenges as evidenced by the widening losses and decreased revenue. The company's performance in the coming quarters will be crucial to watch, as it navigates through these financial conditions while utilizing the funds raised from its preferential issue.

Walchandnagar Industries Limited , a prominent player in the Indian manufacturing sector, has recently responded to the Bombay Stock Exchange's (BSE) inquiry regarding a notable surge in its share trading volume. The company's clarification sheds light on the market dynamics and its commitment to regulatory compliance.

Key Points of the Clarification

• Regulatory Compliance: Walchandnagar Industries affirmed its adherence to SEBI regulations, stating that all material information and price-sensitive data have been duly disclosed.
• Market-Driven Factors: The company attributed the significant increase in trading volume to market-driven factors, expressing no awareness of specific reasons for the surge.
• No Undisclosed Information: Management confirmed that there is no undisclosed price-sensitive information that requires disclosure to the exchanges at this time.
• Ongoing Compliance: The company assured its continued compliance with regulatory disclosure requirements.

Details from the LODR Data

The Latest Operational and Disclosure Requirements (LODR) data provides additional context to the company's response:

In its official response, Walchandnagar Industries reiterated its commitment to promptly inform the Exchange of all material events, information, and actions as required under Regulation 30 of the SEBI (LODR) Regulations 2015.

The company's proactive clarification demonstrates its dedication to transparency and investor relations. By addressing the BSE's inquiry promptly, Walchandnagar Industries aims to maintain investor confidence and uphold market integrity.

Investors and market watchers may continue to monitor Walchandnagar Industries' performance and any further announcements that could provide insights into the company's operations and market position.