Profit before tax (PBT) stood at Rs 192.40 crore, up 14.59%, compared to Rs 167.90 crore posted in the same quarter last year.
Total expenses increased 9.51% year on year to Rs 718.1 crore in Q2 FY26. The cost of raw material consumed stood at Rs 331.4 crore (up 7.11% YoY), while employee benefits expense was at Rs 126.5 crore (up 6.75% YoY).
On a half-year basis, the company’s consolidated net profit rose 10.38% to Rs 263.7 crore, while revenue increased 9.86% to Rs 1,708.6 crore in H1 FY26 compared with H1 FY25.
Shriram Pistons & Rings is engaged in the manufacturing of various products, such as pistons and piston pins, piston rings, and engine valves for various automotive companies in the domestic and export markets.
The counter rose 0.98% to Rs 2,699.25 on the BSE.
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