Auto Parts & Equipment company Alicon Castalloy announced Q1FY26 results Total Income at Rs 418.7 crore compared to Rs 440.7 crore, lower by 5%. EBITDA at Rs 49.9 crore compared to Rs 58.3 crore, a decrease of 14%. PBT (pre-exceptional) at Rs 15.2 crore as compared to Rs 25.5 crore, lower by 41%. Profit after Tax at Rs 9.3 crore compared to Rs 19.0 crore, lower by 51%. Rajeev Sikand, Group CEO, Alicon Castalloy said: “We are pleased to commence FY26 on a positive trajectory, reporting revenues of Rs 419 crore despite multiple headwinds of macro-economic volatility, tariff uncertainty, shortage of rare earth materials from China and muted demand. This resilient performance reflects the strength of our diversified portfolio and agility of our operations. While global automotive volumes expanded by 1.7% and volumes in the domestic market were higher by 1.5% in Q1, our steady topline performance demonstrates our ability to respond swiftly to evolving market dynamics despite nearly 4% decline in our addressable market. We have overcome softness in vectors like exports and CVs by ramping up volumes for some existing customers and adding new logos. We continue to work towards improving profitability and margins further. While profitability has recovered from the sharp fall two quarters ago, it continues to be impacted by shifts in product mix and certain upfront costs. Efforts towards further cost optimization are ongoing in order to enhance margin resilience. We have added to our leadership We are pleased to welcome Mr. Manish Kapoor as our new Chief Operating Officer. With over 30 years of rich industry experience, Mr. Kapoor brings exceptional capability and calibre to Alicon. We’re excited to welcome Mr. Harshvardhan Gune as Head of DAR. Alicon has established a dedicated vertical to pursue opportunities in the Defence, Aerospace, and Railways (DAR) sectors. This initiative consolidates our past and ongoing engagements to these industries, expands our portfolio of offerings, intensifies outreach to key industry players while being led by a dedicated leader to shape it into a focused business unit. We recognize that scaling business in these sectors will require time and we will keep investors informed of key milestones and progress. As we look ahead, we remain committed to building a future-ready organization—one that is resilient, diversified, and poised to capture emerging opportunities across geographies and vehicle segments.” Result PDF