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 01-01-2025
Date of end of financial year 31-12-2025
Date of board meeting when results were approved 06-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third 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 06-11-2025   17:10:00
End date and time of board meeting 06-11-2025   17:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
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

Amount in (Lakhs)

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 01-07-2025 01-01-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 15,071.57 45,648.25
Other income 358.02 1,222.94
Total income 15,429.59 46,871.19
2 Expenses
(a) Cost of materials consumed 7,323.57 22,832.94
(b) Purchases of stock-in-trade 586.58 1,818.89
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 126.16 176.45
(d) Employee benefit expense 1,438.56 4,145.00
(e) Finance costs 3.38 10.78
(f) Depreciation, depletion and amortisation expense 250.87 727.93
(f) Other Expenses
1 Other Expenses 2,842.35 8,475.75
Total other expenses 2,842.35 8,475.75
Total expenses 12,571.47 38,187.74
3 Total profit before exceptional items and tax 2,858.12 8,683.45
4 Exceptional items (479.85) (479.85)
5 Total profit before tax 2,378.27 8,203.60
6 Tax expense
7 Current tax 737.00 2,254.59
8 Deferred tax (7.24) (19.73)
9 Total tax expenses 729.76 2,234.86
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,648.51 5,968.74
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,648.51 5,968.74
17 Other comprehensive income net of taxes (3.08) (9.23)
18 Total Comprehensive Income for the period 1,645.43 5,959.51
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 638.65 638.65
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 25.81 93.46
Diluted earnings (loss) per share from continuing operations 25.81 93.46
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 25.81 93.46
Diluted earnings (loss) per share from continuing and discontinued operations 25.81 93.46
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 Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) NOTES :- 1. The results have been reviewed by the Audit Committee and approved by the Company’s Board of Directors at their respective meetings held on 6th November, 2025. The Statutory Auditors have conducted a limited review of these financial results and have issued an unmodified report. 2.The aforesaid financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the 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. 3. The Company has only one reportable segment, metallurgical products and services, in accordance with Ind AS 108 - Operating Segments, notified pursuant to the Companies (Indian Accounting Standards) Rules, 2015. 4. During the quarter, the Company recognized expenses such as regulatory fees, stamp duty, advisory and valuation consultancy etc. related to the proposed acquisition of Morganite Crucible (India) Limited to the extent of services received and cost incurred up to 30th September, 2025. Given their significance and non-recurring nature, these expenses have been disclosed as an exceptional item. 5. The Company, together with its promoters has entered into a Share Purchase Agreement (SPA) with the promoters of Morganite Crucible (India) Limited (“MCIL”) dated 22nd August, 2025 to acquire a 75% equity stake in MCIL from the promoters of MCIL, for an aggregate consideration of Rs. 65,394 Lakhs. The acquisition will be effected through a share swap arrangement, under which the Company will issue its own shares, as consideration, to the promoters of MCIL in the agreed ratio. The in-principle approval from the National Stock Exchange (NSE) and the BSE has been received on 3rd November, 2025 and 4th November, 2025 respectively. However, certain other terms and conditions of the SPA are yet to be fulfilled and accordingly the Company will obtain control of MCIL after fulfillment of all the terms and conditions as laid down therein. Since the control is not yet obtained by the Company in the quarter ended 30th September, 2025, the transaction is not required to be accounted for in the financial results for the quarter and nine months ended 30th September, 2025. The Company will evaluate the applicability and impact of the relevant accounting standards, including Ind AS 103 – Business Combinations and Ind AS 110 – Consolidated Financial Statements, and will give effect to the acquisition in the financial statements for the period in which the control is obtained. Date : 6th November, 2025 Place : Pune For FOSECO INDIA LIMITED Prasad Chavare Managing Director & Chief Executive Officer DIN : 08846863 __________________________________________________________________________________________ Foseco India Limited Registered Office: Gat Nos. 922 & 923, Sanaswadi, Taluka Shirur, District Pune – 412208 Tele: +91 2137 668100, Fax: +91 2137 668160 Website: www.fosecoindia.com, E-mail ID: investor.grievance@vesuvius.com Corporate Identity Number: L24294PN1958PLC011052



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-07-2025 01-01-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results 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

Amount in (Lakhs)

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 01-07-2025 01-01-2025
B Date of end of reporting period 30-09-2025 30-09-2025
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 (4.11) (12.33)
2 Tax relating to this item 1.03 3.10
Total Amount of items that will not be reclassified to profit and loss (3.08) (9.23)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
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 0.00 0.00
5 Total Other comprehensive income (3.08) (9.23)





Details of Impact of Audit Qualification

Amount in (Lakhs)

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 30-11-2026