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Foseco India Ltd — Interim / Quarterly Report 2025
Jul 29, 2025
61556_rns_2025-07-29_16dbc625-cf1a-4ade-aefd-ec1c492c5f1f.pdf
Interim / Quarterly Report
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July 29, 2025
BSE Limited National Stock Exchange of India Limited Listing Department, Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] Floor, Dalal Street, Plot No. C/1, G Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai-400 051
Dear Sirs,
Sub: Outcome of the Board Meeting
1. Unaudited Financial Results for the quarter and six months ended June 30, 2025
2. Submission of the Limited Review Report of the Statutory Auditors
Ref: BSE Scrip Code: 500150, NSE Symbol: FOSECOIND, ISIN: INE519A01011
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we write to advice that the Board of Directors of the Company at its Meeting held today, i.e., July 29, 2025 has approved the Unaudited Financial Results of the Company for the quarter and six months ended June 30, 2025.
In this regard, we are submitting herewith the following documents:-
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1) The Unaudited Financial Results of the Company for the above period; and
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2) The Limited Review Report of the Statutory Auditors on the Financial Results.
The Meeting of the Board of Directors commenced at 1535 hours and concluded at 1640 hours.
You are requested to take the above information on record.
Thanking you,
Yours faithfully, For FOSECO INDIA LIMITED
MAHENDRA KUMAR DUTIA
Digitally signed by MAHENDRA KUMAR DUTIA Date: 2025.07.29 17:08:39 +05'30'
Mahendra Kumar Dutia Controller of Accounts and Company Secretary
Enclosing: as above
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Foseco India Limited
Registered Office: Ga! Nos. 922 & 923. Sanaswadi. Taluka Shirur. District Puna - 412208 Tele: +91 2137 668100, Fax: +91 2137 668160 Website: www.fosecoindia corn, E-mail ID: investor [email protected] FOSECO Corporate Identity Number. L24294PN1958PLC011052
Statement of unaudited results for the quarter and six months ended 30th June, 2025
Sr No 1 2 3 4 |
IAII fgures ,nRs Las |
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|---|---|---|---|---|---|---|
| . . I T |
Partcula� ncome a Revenu from oprations b Oter Incme |
Cur Pr din 3 m ende 3 mt end Cnng Curnt 3 mths en In Yea to date for te peviou year 6 mnts ede |
crng Pravou Yea t dat fo Acc Yer 6 m en Ened 30 Jun, 202 31st D mb, 2024 Unauite Auite |
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| 3 June, 2025 31st March, 225 Unauditd Unaudte 15,725.19 14,851 49 42.85 42.07 16,168.0 15,273.5 30 Jun, 224 30t Jue, 2026 Unaudite Unaudted 12,51.47 30,576 68 403.66 8.92 12,95.13 31,41.6 |
30 Jun, 224 30t Jue, 2026 Unaudite Unaudted |
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| 24,75 7 52,478.39 76175 1,823 31 |
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| otal Income fom Operations (a to b) | 25,518.42 5,301.70 12,32,28 27,026.77 1,00,29 2,114.17 (2.88) (195.01) 2,529.12 4,895 71 6,98 15 3 473.12 1,0 .87 4,686.14 9,610.42 |
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Eenses a Cost of malerials cnsume b Purchase of stock in trae C Changes in inventories of finished gos. wor-in-rogress and stoc-in-trae d Employee beneft expense e Finance costs f Depreiation and amorisation expnse g • Other expnses Total Epnses (a to g) |
8,055.01 7,45.3 57649 655.82 63.40 (13.11) 1,370 31 1,33.13 3.57 3.83 243.47 233.59 2,9 ,79 2,688.61 6,611.54 15,509.37 531 07 1,232.31 (498A4) 50.29 1,232.25 2,70.44 4 5 7.0 25.18 477_0 2,270.5 5,633.40 |
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| tal Epnses (a to g) | 13,257.0 12,359.23 10,47.89 25,616.27 |
20,895.05 4,48.29 |
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| Proft before tx | 2,911.00 2,914.33 2,497.24 6,826.33 |
4,623.37 9,833.41 |
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| Ta | x Expense | |||||
| To | Current lax Deferred lax |
781.00 73.59 (23 36) 10 87 757.8 747.46 670.00• 1,517,59 (23.07) (12.49) 8.93 1,505.10 |
1,228.0 2,574 55 (396) (43.88) 1,188.34 2,530.67 3,435.03 7,30274 |
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| tal Tax Epense t Proft for te Perod I Year |
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| 5 6 |
Ne | 2,153.36 2,166.87 1,850.31 4,320.23 |
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| Ot | her coprehensive incom, net of tx | |||||
| a Items that will not be relassified lo proft or loss | (4.11) (3.67) (8.2) |
(7.3) (24.61) |
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| i Remeasurements of post employment bnefit obligatios |
(4.11) | |||||
| ii Tax relating to this item | 1.04 | 1.03 0.93 2,07 |
1.85 6,19 |
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| Tot | al oter comprhensive income, net of tax | (3.07) (3.08) 2,15.2 2,163.79 (2.74) (6.15) 1,87.57 4,314.08 |
(5.49) (18.42) |
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2,15.2 |
2,163.79 |
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| 7 | Totl comprehensive incom for te perod I year (5 +/- 6) | 3,429.5 7,28.32 |
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| 8 9 |
Paid up Equity Share Captal (Face Value Rs. 10/- per share) | 638.65 | 638.65 | 638.65 63.65 |
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| Eamings per euity shar (not annualised) | ||||||
| Bsic ad dluted earings per share(inRs.) | 53.79 114,35 |
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| 10 |
Resres excluding Revaluaton Resere as per Audited Balance Sheet of 31s1 Decembr, 224 |
33,70,99 |
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Page 1 of 4
| St | tement of A et and LiabJIIHes as at 3o June, 2025 |
tement of A et and LiabJIIHes as at 3o June, 2025 |
IAJI furs1n R•�s Laksl ~~l~~ As;! Ai 3 Jun, 225 31atD-, 2024 UM le Adite |
IAJI furs1n R•�s Laksl ~~l~~ As;! Ai 3 Jun, 225 31atD-, 2024 UM le Adite |
IAJI furs1n R•�s Laksl ~~l~~ As;! Ai 3 Jun, 225 31atD-, 2024 UM le Adite |
|---|---|---|---|---|---|
Parcuh1, |
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| A ASSETS 1 Non-um,nt Asset (a) Property, planl and equipment (b) Capital wor-in-oress (c) Intangible assets (d) Rlghl-f-se assels (e) Financial assets i. Loans ii. Olher fnancial assets (I) Deferd la assets (net) (g) Incme tax assets (net) (h) Other non-arrent assts Tola! Non-umnl Asset 2 Curant asset (a) Invetores (b) Financial asset i. Trade recivables ii. Cash and csh euivalenls iii. Bank balancs other than csh and csh equivalenls iv. Loans v. Olhr fnancial assets (c) Other current assets Toll Curren! A1ot TOTAL ASSETS |
4,276.07 4,313,75 76.92 160.4 24.44 37.37 141.58 1651 11 82 10.74 94,49 8.72 430.35 415.80 86.33 32.12 S,055.67 $.309,78 3,33,16 3,739,76 13,55.97 12,117.84 15,976.01 9,0.27 12,974.42 16,73.55 7.88 7.16 570.21 153,30 6.44 1.146 55 47,0.09 42,97.43 52.153.76 4,2T.21 638.65 6365 36.324.38 33.700.99 36,93.03 3,339.6 10,3 132 15 23.97 23.97 130.31 156.12 3.14 31.78 12,470.72 12,241.30 50,42 48 66 1,091.72 71327 290.46 35.26 22.14 17.9 550.82 372.24 15,00.42 13,781.4 15,190.73 13,937.57 52,153.76 4,27.21 |
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| B | EQUIT AND LIBILITIES |
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| (a) (b) |
I EQUI Equity share cpital Othe Equity |
638.65 36.324.38 |
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Tota Equit |
36,93.03 | ||||
LIABILTES Non-urnt Liabilities Financial liabililies L Lease liabilities ii. Other fnancial liabililies |
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| 1 (a) 2 (a) (b) (c) |
10,3 23.97 |
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Total Non-umnt Liabllltes Curent Liabilites Financial liabilities i. Trade payables - Total outstanding dues of mico enterprises and small enterprises - Total outstanding dues of ceitors other than miao enterprses and small enterprss ii. Lease liabilities iii. Oter fnancial liabilities Employee beneft obligations Curent tax liabiltties |
130.31 3.14 12,470.72 50,42 1,091.72 290.46 22.14 550.82 |
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| (d) | Other current liabilities |
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| Total Cumint Liabilites |
15,00.42 15,190.73 52,153.76 |
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Total Liabilites TOTAL EQUIT AND LIABILTIES |
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Page 2 of 4
| tatemnt of Cas Flows for pero ended 30 June, 2025 Plcular A Cash fow fom oprating actvtes Proft before lax Adjustnt for Deation and amorisation expse Loss allonce on trade reeivables (Proft) I Loss on disposl of proprty, plant and equipment Financ cst Interest income Unralised foreign excange diferencs Employee share besed peyment expense Opertng proft befor woing capital changes Worng capHal adjuatmnt for: (Incease) / Decease in Trade receivables (Increase)/ Decrease in Inventories (Incease)/ Decease in Other fnancial assets (Incease)/ Decease in Other crrent assets (Ineas) I Drease in Loans Inceas/ (Decease) in Tradepayables |
(All fiuesinRlp sbkhl |
(All fiuesinRlp sbkhl |
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|---|---|---|---|
| Pero En Peo E 3o June, 225 3o J. 2024 Un Unau<lte |
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| 5,825.33 4,623.37 |
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| 4T.0 473.12 |
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| 26 4 | 0 | ||
| (13.3) 6.9 |
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409.60 (377.11) |
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| (7241) (13.69) |
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| Incease/ (Deaease) in Other fnancial liabilities | |||
IncreaseI(Decease) in Oter liabilities |
391 | 99.38 |
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| Increase I (Decease) in Employee bnefit obligations | (74.02 | ) (45 6) |
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| Cash genrtedfomopratons Incme taxes paid (net of refnds) Net cash generated frm opertng activites (a) |
5,86.3 3,555.75 |
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| (1,1870) (930.03) 4,699.32 2,625.72 |
(930.03) | ||
| B. Cash fow fom Invetng activites | |||
| Payments forpropery, plant, euipment's end intangible a | ssets | (393.16) (88.42) |
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| Proeeds from sale of proprty, plant and equipment | ~~-~~ **13,3 ** |
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| Depsits mature durng the prio (with maturty more th thr months) |
an | 8,910 50 | 2,185,50 |
| Deposits placd during th priod (with maturity more than three months) |
(5,150.0) (6,130.50) |
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| Interest recived Net cash (ued in)/ generated fom Investing actvites (b) C. Cash fow fom Financing actvites |
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| Interest paid | |||
| Principle elements of leasepayments | |||
| Dividend paid Net cah use in fnancing activities(c) |
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| Net increase I {decrease) in csh and csh equivalents (a+b-) Efects of exchange rate canges on csh and csh equivalents |
6,99.92 (3,161.27) (0.18) **(0.05) ** |
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| Cash and csh equivalents at the beginning of the period | 9,0.27 20,758.79 |
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| Cash and cash equivalent at te end of the pero | |||
| Cash and cash equivalent comprse of : | |||
Cash on hand |
0.99 1.97 |
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| Balancs with banks | |||
| .in crrent acunts | |||
| - in EEFC acounts | |||
| Cheques on hand Deosit with maturity of less than thre months Totl cah and casheuivalent |
Note : a) The above Statement of Cash Flows has be n prepared under the "Indirect Method' as set out in the Ind AS - 7 on Statement of Cash Flows. b) Addition to non-cash financing and investing activity- Righi or Use Asset during the current period is Rs. Nil (Previous period ended 30th June, 2024 is Rs. 102.98 Lakhs)
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NOTES:
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1 The results have be n reviewed by the Audit Committee and approved by the Company's Board of Directors at their respective meetings held on 29th July, 2025, The Statutory Auditors have conducted a limited review of these financial results and have issued an unmodmed report.
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2 The aforesaid financial results of the Company have be n prepared in accordance with lhe Companie• (Indian Accounling Standards) Rules, 2015 (as amended) (Ind AS) preSCfibed under Section 133 of the Companies Ad, 2013 and other recognized accounting practices and policies to the extent applicable.
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3 The Company has only one reportable segment, metallurgical products and services, in accordance with Ind AS 108 - "Operating Segments", nolified pursuant to the Companies (Indian Accounting Standards) Rules, 2015.
Dote : 29th July, 2025 Place: Pune
For FOSECO INDIA LIMITED �
Managing Director & Chief Executive Officer DIN : 0
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Page4 of 4
Price Waterhouse Chartered Accountants LLP
Review Report
To The Board of Directors Foseco India Limited Gat No 922 and 923, Sanaswadi, Taluka Shirur, Pune- 412208 Maharashtra, India
1. We have reviewed the unaudited financial results of Foseco India Limited (the "Company'') for the quarter ended 30[th ] June, 2025 and the year to date results for the period 01[st ] January, 2025 to 30[th ] June, 2025, which are included in the accompanying 'Statement of unaudited results for the quarter and six months ended 30[th ] June, 2025', the Statement of Assets and Liabilities as on that date and the Statement of Cash Flows for the half-year ended on that date (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes.
2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
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We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
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3.
4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016
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Ali Akbar Partner Membership Number: 117839 UDIN: 25117839BMNYZD4734 Place: Mumbai Date: 29[th ] July, 2025
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Price Waterhouse Chartered Accountants LLP, 252, Veer Savarkar Marg, Shivaji Park, Dadar (West), Mumbai -[4] 00 028 T: +91 (22) 66697510
Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002
Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN MC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (ICAI registration number before conversion was 012754N)