Auto Parts & Equipment company Alicon Castalloy announced Q2FY26 results Total Income at Rs 428.9 crore compared to Rs. 464.5 crore, lower by 8%. EBITDA at Rs. 55.5 crore compared to Rs. 56.8 crore, a decrease of 2%. PBT (pre-exceptional) at Rs. 19.0 crore as compared to Rs. 22.5 crore, lower by 16%. Profit after Tax at Rs 13.4 crore compared to Rs. 16.8 crore, lower by 17%. Rajeev Sikand, Group CEO, Alicon Castalloy, said: “We are pleased to have sustained momentum into Q2, reporting consolidated revenues of Rs 429 crore, an increase of 2.5% QoQ. Importantly, we are pleased to report sharp improvement in profitability, evidenced by growth of 51% and 49% QoQ in PBT and PAT respectively accompanied by all round improvement in margins. This has been achieved on the back of focused initiatives to increase value add, enhance operational efficiencies and drive cost optimisation measures. In the domestic market, a key positive this quarter has been the rationalization of GST rates on automobiles, which has reduced taxation and lowered the cost of ownership for both two-wheelers and four-wheelers. This policy shift has revived end-user sentiment in India, and our OEM customers are optimistic about the potential for increased domestic sales volumes. However, global headwinds including macroeconomic volatility, tariff uncertainty, shortages of rare earth materials and semi-conductors, and muted demand continue to have a bearing on the outlook. In Q2, while there was growth in both global and domestic auto industry on a YoY basis, we witnessed de-growth on a YoY basis. This is due to the persistent challenges we witnessed in export and commercial vehicle segments, but we have pivoted toward domestic customers and new logos to partially offset the impact. We have also strengthened our leadership team with the appointment of Mr. Sumit Bhatnagar as CEO-Designate, as I prepare to conclude my 21-year tenure as CEO in March 2026 upon superannuation. I am confident that Mr. Bhatnagar will steer the organization forward successfully. I take this opportunity to express my gratitude to Mr. Rai and our shareholders, customers, and colleagues for their unwavering support and trust. The future-ready platform we have built over the past 21 years at Alicon will, I am certain, be scaled to new heights by the team in the years ahead.” Result PDF