Galaxy Bearings
868.00
-13.00(-1.48%)
Market Cap₹276.00 Cr
PE Ratio21.26
Company Performance:
1D-1.48%
1M-2.49%
6M+20.00%
1Y-36.86%
5Y+419.45%
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Latest news about Galaxy Bearings
Galaxy Bearings Reports Q1 FY2026 Results Amid Ongoing US Sanctions Challenge Aug 08, 2025
Galaxy Bearings Limited released unaudited Q1 FY2026 results, showing resilience despite US Treasury sanctions imposed in October 2024. The company reported revenue of Rs. 1,688.54 lakhs, net profit of Rs. 259.21 lakhs, and EPS of Rs. 8.15. Galaxy Bearings faced challenges accessing USD and EURO markets and potential disruptions to international operations due to sanctions. The company has engaged US legal counsel to request removal from the Specially Designated Nationals list, asserting unawareness of its products being associated with sanctioned entities.