Consolidated revenue from operations rose 26% to ₹172.5 crore from ₹137 crore a year earlier. EBITDA increased 31% to ₹64.3 crore from ₹49.1 crore, while EBITDA margin expanded to 37.3% from 35.8%, reflecting improved operating profitability.
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On a standalone basis, total income increased to ₹174.5 crore from ₹143.7 crore, while profit for the quarter rose to ₹36.4 crore from ₹30 crore. Basic earnings per share stood at ₹5.63 compared with ₹4.64 in the year-ago period.
Separately, the company updated investors on the utilisation of funds raised through its Qualified Institutional Placement (QIP). Of the ₹700 crore raised in the March 2025 quarter, around ₹540 crore has been utilised, mainly towards capital expenditure and general corporate purposes, while about ₹111 crore remains unutilised.
Azad Engineering said its consolidated financials include subsidiaries Azad VTC Pvt. Ltd. and Azad Prime Pvt. Ltd. The company operates in a single business segment focused on manufacturing high-precision engineering and OEM components.
Shares of Azad Engineering ended 0.89% higher on Friday ahead of the earnings announcement. The stock has gained over 52% so far in 2026.
