Castings & Forgings company AIA Engineering announced Q1FY27 results Consolidated Financial Highlights: Total Revenue from operations for Q1FY27 stood at Rs 1,16,802.30 lakh, representing a growth of 12.42% compared to Rs 1,03,894.71 lakh in Q1FY26. On a sequential basis, it declined by 7.76% from Rs 1,26,626.47 lakh in Q4FY26. Total Income for the quarter was Rs 1,27,853.56 lakh, an increase of 11.44% YoY from Rs 1,14,726.12 lakh in Q1FY26, while it decreased by 8.57% QoQ from Rs 1,39,832.77 lakh in Q4FY26. Profit before tax was reported at Rs 39,504.87 lakh for Q1FY27, showing a growth of 2.48% YoY from Rs 38,550.13 lakh in Q1FY26. However, it saw a decline of 15.67% QoQ from Rs 46,844.78 lakh in Q4FY26. Net Profit (Profit for the period) in Q1FY27 stood at Rs 30,099.40 lakh, compared to Rs 30,516.78 lakh in Q1FY26 (a marginal decline of 1.37%) and Rs 39,333.45 lakh in Q4FY26 (a decline of 23.48%). Earnings per equity share (EPS) for Q1FY27 was Rs 32.27 (Basic & Diluted), compared to Rs 25.08 in Q1FY26 and Rs 42.15 in Q4FY26. Standalone Financial Highlights: Total Revenue from operations in Q1FY27 reached Rs 89,014.49 lakh, up 6.89% YoY from Rs 83,274.06 lakh in Q1FY26. On a QoQ basis, it decreased by 10.17% from Rs 99,095.24 lakh in Q4FY26. Total Income for Q1FY27 was Rs 99,548.70 lakh, up 5.31% YoY from Rs 94,525.34 lakh in Q1FY26 and down 11.71% QoQ from Rs 1,12,754.83 lakh in Q4FY26. Profit before tax stood at Rs 33,735.54 lakh for the quarter, an increase of 8.45% YoY from Rs 31,107.05 lakh in Q1FY26. It witnessed a sequential decrease of 16.63% from Rs 40,463.51 lakh in Q4FY26. Net Profit (Profit for the period) for Q1FY27 was Rs 25,290.98 lakh, a growth of 8.07% YoY from Rs 23,403.40 lakh in Q1FY26. On a QoQ basis, it fell by 23.54% from Rs 33,075.88 lakh in Q4FY26. Business Highlights: Discontinuation of Operations: The Board of Directors had decided on July 29, 2025, to discontinue manufacturing operations at the Nagpur unit. The company noted that this closure does not have any adverse effect on the production/business operations and profitability of the company. Subsidiary Developments: Welcast Steels Limited (WSL), a subsidiary company, closed its only factory effective December 15, 2025. During the previous year ended March 31, 2026 (FY26), the Group provided Rs 328.19 lakh towards closure compensation for employees of WSL. Strategic Investment: During FY26, Vega Industries (Middle East) F.Z.C. acquired an additional 14% stake in Vega MPS Pty. Ltd., Australia (resulting in a cumulative stake of 70%) on December 10, 2025, for a consideration of AUD 5.65 million. Labor Codes Impact: The Group assessed the financial implications of the "New Labour Codes" consolidated by the Government of India. An incremental liability of Rs 433.73 lakh towards gratuity was recognized during the year ended March 31, 2026 (FY26). Result PDF