5326832025-10-012025-12-315326832025-04-012025-12-315326832025-10-012025-12-31in-capmkt:OtherExpenses1Member5326832025-10-012025-12-31in-capmkt:OtherExpenses2Member5326832025-10-012025-12-31in-capmkt:OtherExpenses3Member5326832025-04-012025-12-31in-capmkt:OtherExpenses1Member5326832025-04-012025-12-31in-capmkt:OtherExpenses2Member5326832025-04-012025-12-31in-capmkt:OtherExpenses3Member5326832025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326832025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326832025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15326832025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532683AIAENGNOTLISTEDINE212H01026AIA Engineering LimitedMain BoardEquity2025-04-012026-03-312026-01-302026-01-19INRLakhsQuarterlyThird quarterSingle segmentManufacturing of High Chrome Mill Internals2026-01-3011:30:002026-01-3013:10:00Not applicable2025-10-012025-12-31UnauditedConsolidated106688820001353378000120222600004837882000229507000-1012181000558410000162291000282054000315088300082088460003813414000-328190003780595000839249000986000084910900002931486000000-19590002929527000-17318600027563410002944207000-146800002770646000-14305000186641000231.5431.540031.5431.54Notes: <BR> (i) The above unaudited consolidated financial results for the quarter and nine months ended 31 December 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 30 January 2026. These unaudited consolidated financial results have been subjected to limited review by the statutory auditors of the Holding Company. The statutory auditors have expressed an unmodified conclusion. <BR> (ii) The unaudited consolidated financial results are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended. <BR> (iii) The unaudited consolidated financial results comprise of the results / financial information of the Holding Company, i.e., AIA Engineering Limited, its subsidiaries namely - Welcast Steels Limited - India, AIA CSR Foundation - India, Vega Industries (Middle East) F.Z.C. - U.A.E., Vega Industries Limited - U.K., Vega Industries Limited - U.S.A.(“VEGA USA”), Vega Steel Industries (RSA) (PTY.) Limited - South Africa, Wuxi Vega Trade Co., Limited - China, PT. Vega Industries Indonesia - Indonesia, Vega Industries Chile SPA - Chile, AIA Ghana Limited - Ghana, Vega Industries Australia Pty. Ltd. – Australia, Vega Industries Peru Limited – Peru, Vega Middle East (DFTZ) FZE - U.A.E. and a joint venture namely – Vega MPS Pty. Ltd. - Australia. <BR> (iv) The Group has only one reportable primary business segment as per Ind AS 108 - "Operating Segments", i.e., Manufacturing of High Chrome Mill Internals. <BR> (v) During the previous year ended 31 March 2025, Vega Industries (Middle East) FZC, UAE (“VEGA ME”) has acquired additional 13% stake (resulting in a cumulative stake of 56%) in Vega MPS Pty. Ltd., Australia (VMPS) on 20 November 2024 for consideration of AUD 2.73 million and during the quarter ended 31 December 2025, Vega ME has further acquired additional 14% shake (resulting in a cumulative stake of 70%) of VMPS on 10 December 2025 for consideration of AUD 5.65 million. <BR> (vi) During the previous year ended 31 March 2025, the Holding Company and VEGA USA received a notice from the United States International Trade Commission, seeking certain information from the Holding Company and VEGA USA, in relation to the investigations around alleged dumping and subsidising of certain grinding media from India based on complaint filed by Magotteux Inc. Post submission of required information, United States Department of Commerce announced its determination for cash deposit of Countervailing Duty at 3.16% and Anti-Dumping Duty at 6.91% which is effective from 13 June 2025 on certain high chrome iron grinding media imported from India based on decision from United States International Trade Commission. <BR> (vii) On 7 August 2024, the Board of Directors of the Holding Company approved a proposal for buyback of up to 10,00,000 fully paid-up Equity Shares of face value of Rs. 2/- each, representing 1.06% of the total number of equity shares of the Holding Company, at a price of up to Rs. 5,000 per share for an aggregate consideration not exceeding Rs. 500 crores (excluding transaction cost and any expenses incurred or to be incurred for the Buyback) representing 7.92% and 7.51% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements of the Company for the year ended on 31 March 2024, respectively. Further, the buyback has been completed and consideration transferred to the participating shareholders on 6 September 2024. <BR> (viii) The Board of Directors of Welcast Steels Limited (WSL), a subsidiary company, have decided in their meeting dated 15 October 2025 to close down its only factory w.e.f. 15 December 2025. The Board of Directors of WSL are in the process of deciding the future course of action for that company. Accordingly, during the quarter and nine months ended on 31 December 2025 the group has provided Rs 328.19 lakhs towards closure compenstation for employees of WSL and the impact is disclosed as an exceptional item. <BR> (ix) On 29 July 2025, the Board of Directors of the Holding Company decided to discontinue the manufacturing operations at Nagpur unit. Such closure will not have any adverse effect on the production/business operations and profitability of the Holding Company. <BR> (x) On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as New Labour Codes) - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has reassessed its employee benefit obligations in accordance with the revised definition of wages and FAQs issued by The Ministry of Labour & Employment. Accordingly, an incremental liability of Rs. 590 lakhs towards gratuity has been recognised during the quarter and nine months ended 31 December 2025 by the Holding Company. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. <BR> 2025-04-012025-12-31UnauditedConsolidated3153599300034198780003495587100013075302000690960000-1917891000151511500031129500083851900092355660002374886600011207005000-32819000111741860002486618000-9320000247729800008696888000000590810008755969000-10672500086492440008768837000-128680008661567000-12323000186641000293.9693.960093.9693.96Power and Fuel786298000Freight outward expenses995458000Others1369127000Power and Fuel2277817000Freight outward expenses2361945000Others4595804000Items that will not be reclassified to profit and loss57670005767000Items that will not be reclassified to profit and loss154000001540000012980003876000Itnes that will be reclassified to profit and loss-188347000-188347000Itnes that will be reclassified to profit and loss-97570000-97570000-1069200020679000-173186000-106725000