Integrated Filing — IndAS



General information about company
Scrip Code 500150
NSE Symbol FOSECOIND
MSEI Symbol NOTLISTED
ISIN INE519A01011
Name of company FOSECO INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Jan-2025
Date of end of financial year 31-Dec-2025
Date of board meeting when results were approved 29-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Metallurgical products and services
Start date and time of board meeting 29-Jul-2025   15:35:00
End date and time of board meeting 29-Jul-2025   16:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-04-30
Indicate Company website link for updated RPT policy of the Company https://fosecoindia.com/Policies.aspx
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025 01-Jan-2025
B Date of end of reporting period 30-Jun-2025 30-Jun-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1572519000 3057668000
Other income 44285000 86492000
Total income 1616804000 3144160000
2 Expenses
(a) Cost of materials consumed 805501000 1550937000
(b) Purchases of stock-in-trade 57649000 123231000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 6340000 5029000
(d) Employee benefit expense 137031000 270644000
(e) Finance costs 357000 740000
(f) Depreciation, depletion and amortisation expense 24347000 47706000
(f) Other Expenses
1 Other Expenses 294479000 563340000
Total other expenses 294479000 563340000
Total expenses 1325704000 2561627000
3 Total profit before exceptional items and tax 291100000 582533000
4 Exceptional items 0 0
5 Total profit before tax 291100000 582533000
6 Tax expense
7 Current tax 78100000 151759000
8 Deferred tax -2336000 -1249000
9 Total tax expenses 75764000 150510000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 215336000 432023000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 215336000 432023000
17 Other comprehensive income net of taxes -307000 -615000
18 Total Comprehensive Income for the period 215029000 431408000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 63865000 63865000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 33.72 67.65
Diluted earnings (loss) per share from continuing operations 33.72 67.65
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 33.72 67.65
Diluted earnings (loss) per share from continuing and discontinued operations 33.72 67.65
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025
Date of end of reporting period 30-Jun-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 427607000
Capital work-in-progress 7692000
Investment property 0
Goodwill 0
Other intangible assets 2444000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 1182000
Other non-current financial assets 23607000
Total non-current financial assets 24789000
Deferred tax assets (net) 43035000
Other non-current assets 0
Total non-current assets 505567000
2 Current assets
Inventories 333016000
Current financial asset
Current investments 0
Trade receivables, current 1355497000
Cash and cash equivalents 1597601000
Bank balance other than cash and cash equivalents 1297442000
Loans, current 788000
Other current financial assets 57021000
Total current financial assets 4308349000
Current tax assets (net) 0
Other current assets 68444000
Total current assets 4709809000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 5215376000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 63865000
Other equity 3632438000
Total equity attributable to owners of parent 3696303000
Non controlling interest
Total equity 3696303000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 0
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 13031000
Total non-current liabilities 13031000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 34414000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1247072000
Total Trade payable 1281486000
Other current financial liabilities 109172000
Total current financial liabilities 1390658000
Other current liabilities 89170000
Provisions, current 0
Current tax liabilities (Net) 26214000
Deferred government grants, Current 0
Total current liabilities 1506042000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1519073000
Total equity and liabilites 5215376000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025 01-Jan-2025
Date of end of reporting period 30-Jun-2025 30-Jun-2025
Whether accounts are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025 01-Jan-2025
B Date of end of reporting period 30-Jun-2025 30-Jun-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of post employment benefit obligations -411000 -822000
2 Tax relating to this item 104000 207000
Total Amount of items that will not be reclassified to profit and loss -307000 -615000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -307000 -615000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 582533000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 740000
Adjustments for decrease (increase) in inventories 40960000
Adjustments for decrease (increase) in trade receivables, current -143511000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 46211000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -7241000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 49513000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 48937000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 47706000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -7402000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 3711000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 4481000
Adjustments for dividend income 0
Adjustments for interest income 82559000
Adjustments for share-based payments 4559000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 6105000
Net cash flows from (used in) operations 588638000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 118706000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 469932000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 39316000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 47295000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 376050000
Net cash flows from (used in) investing activities 384029000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 2405000
Dividends paid 159824000
Interest paid 740000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -162969000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 690992000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -18000
Net increase (decrease) in cash and cash equivalents 690974000
Cash and cash equivalents cash flow statement at beginning of period 906627000
Cash and cash equivalents cash flow statement at end of period 1597601000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-Nov-2026


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Foseco India Limited Vesuvius Australia Pty Limited Associated Enterprise Purchase of goods or services 195000 Approved 195000 0 0
2 Foseco India Limited Vesuvius Management Services Limited Associated Enterprise Purchase of goods or services 59678000 Approved 59678000 792000 60612000
3 Foseco India Limited Foseco Golden Gate Co Ltd Associated Enterprise Purchase of goods or services 44000 Approved 44000 0 0
4 Foseco India Limited Vesuvius Advanced Ceramics (China) Co., Ltd Associated Enterprise Purchase of goods or services 21000 Approved 21000 0 0
5 Foseco India Limited Vesuvius GmbH Associated Enterprise Purchase of goods or services 18382000 Approved 18382000 1189000 11183000
6 Foseco India Limited Foseco Korea Limited Associated Enterprise Purchase of goods or services 268000 Approved 268000 0 34000
7 Foseco India Limited Foseco Japan Limited Associated Enterprise Purchase of goods or services 20389000 Approved 20389000 104000 6283000
8 Foseco India Limited Foseco Nederland BV. Associated Enterprise Purchase of goods or services 5455000 Approved 5455000 343000 113000
9 Foseco India Limited Foseco International Limited Associated Enterprise Purchase of goods or services 144080000 Approved 144080000 54218000 63113000
10 Foseco India Limited Vesuvius UK Limited Associated Enterprise Purchase of goods or services 11881000 Approved 11881000 2068000 5051000
11 Foseco India Limited Vesuvius Inc. USA Associated Enterprise Purchase of goods or services 11902000 Approved 11902000 6015000 0
12 Foseco India Limited Vesuvius Holdings Limited Parent of Immediate Holding Company Purchase of goods or services 4559000 Approved 4559000 0 0
13 Foseco India Limited Vesuvius Foundry Technologies (Jiangsu) Company Limited Associated Enterprise Purchase of goods or services 226000 Approved 226000 0 0
14 Foseco India Limited PT. Foseco Indonesia Associated Enterprise Purchase of goods or services 17149000 Approved 17149000 0 0
15 Foseco India Limited Vesuvius India Limited Associated Enterprise Purchase of goods or services 0 Approved 0 1723000 1013000
16 Foseco India Limited Vesuvius Moravia s.r.o. Associated Enterprise Purchase of goods or services 292000 Approved 292000 0 306000
17 Foseco India Limited Vesuvius Management Services Limited Associated Enterprise Sale of goods or services 2355000 Approved 2355000 0 2467000
18 Foseco India Limited Vesuvius Foundry Technologies (Jiangsu) Company Limited Associated Enterprise Sale of goods or services 973000 Approved 973000 179000 0
19 Foseco India Limited Vesuvius Emirates (FZE) Associated Enterprise Sale of goods or services 54370000 Approved 54370000 17909000 11611000
20 Foseco India Limited Vesuvius Istanbul Refrakter San ve Tic A.S Associated Enterprise Sale of goods or services 459000 Approved 459000 0 0
21 Foseco India Limited Vesuvius Ras Al Khaimah FZ-LLC Associated Enterprise Sale of goods or services 21000 Approved 21000 0 26000
22 Foseco India Limited Vesuvius India Limited Associated Enterprise Sale of goods or services 10978000 Approved 10978000 1281000 2084000
23 Foseco India Limited PT Foseco Trading Indonesia Associated Enterprise Sale of goods or services 8076000 Approved 8076000 505000 1919000
24 Foseco India Limited Foseco Japan Limited Associated Enterprise Sale of goods or services 551000 Approved 551000 0 0
25 Foseco India Limited Foseco Korea Limited Associated Enterprise Sale of goods or services 10833000 Approved 10833000 0 0
26 Foseco India Limited Vesuvius Malaysia Sdn. Bhd. Associated Enterprise Sale of goods or services 8820000 Approved 8820000 1500000 876000
27 Foseco India Limited Foseco (Thailand) Limited Associated Enterprise Sale of goods or services 16559000 Approved 16559000 0 1725000
28 Foseco India Limited Foseco International Limited Associated Enterprise Sale of goods or services 236000 Approved 236000 446000 259000
29 Foseco India Limited Foseco Golden Gate Co Ltd Associated Enterprise Sale of goods or services 20000 Approved 20000 0 0
30 Foseco India Limited Vesuvius Inc. USA Associated Enterprise Sale of goods or services 0 Approved 0 95000 2739000
31 Foseco India Limited Vesuvius Advanced Ceramics (China) Co., Ltd Associated Enterprise Sale of goods or services 0 Approved 0 20000 0
32 Foseco India Limited Vesuvius GmbH Associated Enterprise Sale of goods or services 0 Approved 0 232000 0
33 Foseco India Limited Mr. Ravi Moti Kirpalani Any other transaction Remuneration 1490000 Approved 1490000 0 0
34 Foseco India Limited Mr. Prasad Chavare Managing Director & CEO Remuneration 21492000 Approved 21492000 0 0
35 Foseco India Limited Mr. Amitabha Mukhopadhyay Any other transaction Remuneration 1340000 Approved 1340000 0 0
36 Foseco India Limited Ms. Anita Belani Any other transaction Remuneration 1310000 Approved 1310000 0 0
37 Foseco India Limited Mr. Mohit Mangal Key Managerial Person Remuneration 13142000 Approved 13142000 0 0
38 Foseco India Limited Mr. Mahendra Kumar Dutia Key Managerial Person Remuneration 2469000 Approved 2469000 0 0
39 Foseco India Limited Foseco Overseas Limited, United Kingdom Immediate Holding Company Dividend paid 92605000 Approved 92605000 0 0
40 Foseco India Limited Foseco UK Limited Parent of Immediate Holding Company Dividend paid 13514000 Approved 13514000 0 0
41 Foseco India Limited Vesuvius Holdings Limited Parent of Immediate Holding Company Dividend paid 13602000 Approved 13602000 0 0
42 Foseco India Limited Karibu Limited Foreign Companies Dividend paid 18331000 Approved 18331000 0 0
Total value of transaction during the reporting period 588067000