5001502025-10-012025-12-315001502025-12-315001502024-12-315001502025-01-012025-12-315001502025-10-012025-12-31in-capmkt:OtherExpenses1Member5001502025-01-012025-12-31in-capmkt:OtherExpenses1Member5001502025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001502025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25001502025-01-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001502025-01-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25001502025-10-012025-12-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares500150FOSECOINDNOTLISTEDINE519A01011FOSECO INDIA LIMITEDMain BoardEquity2025-01-012025-12-312026-02-252026-02-19INRLakhsQuarterlyFourth quarterSingle segmentMetallurgical products and services2026-02-2517:15:002026-02-2518:30:00trueCash Flow IndirectDeclaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated186936000045966000191532600088991200073935000-22271000166748000543000604190003416790001510965000404361000-16864000023572100094839000-109260008391300001518080000000151808000-907200014273600012600000025808000-8676000-396000753730001017.9717.970017.9717.97000Notes :- <BR> <BR> 1. The consolidated results have been reviewed by the Audit Committee and approved by the Company’s Board of Directors at their respective meetings held on 25th February, 2026. The statutory auditors have carried out the audit for the year ended 31st December, 2025 and have issued an unmodified opinion. <BR> <BR> 2. Figures of the quarter ended 31st December, 2025 and 31st December, 2024 are the balancing figures between audited figures in respect of the relevant full financial year and the published year to date figures up to third quarter of relevant financial year. <BR> <BR> 3. 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 and acquired 75% equity stake in MCIL from the promoters of MCIL, for an aggregate consideration of Rs. 63,800.35 lakhs. The acquisition has been effected through a share swap arrangement whereby, the Company has issued its 11,50,800 equity shares as consideration to the promoters of MCIL on preferential basis. The terms and conditions of the SPA have been fulfilled and, accordingly, the Company obtained control of MCIL on 12th November 2025. The Company has evaluated the applicability and impact of the relevant accounting standards, including Ind AS 103 - Business Combinations and Ind AS 110 - Consolidated Financial Statements, and has given effect to the acquisition in the financial statements for the year ended 31st December 2025. <BR> <BR> Pursuant to this acquisition, mandatory “Open Offer” under Regulation 3(1) and Regulation 4 of the SEBI (SAST) was triggered and Rs. 21,810 lakhs has been deposited by the Company in the Escrow Account for purpose of Open Offer. The Open Offer was concluded on January 13, 2026 and 99,081 shares tendered by public shareholders of MCIL under the Open Offer for a consideration of Rs. 1542.84 lakhs. <BR> <BR> 4. During the year, the Group has recognised the pre-acquisition expenses amounting to Rs.1,888.57 lakhs towards regulatory fees, stamp duty, advisory and valuation consultancy etc. related to investment in Morganite Crucible (India) Limited, given the significance and non-recurring nature, these expenses have been disclosed as an exceptional item. <BR> Also expenses amounting Rs. 277.73 lakhs is related to past service cost in relation to gratuity and leave liabilities in line with new labour code is relating to subsidiary is disclosed as an exceptional item. <BR> <BR> 5. The Government of India has announced the implementation of 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 with effect from 21st November 2025, rationalising 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. <BR> <BR> The Group has assessed the impact of these changes, the liability as per new labour code is in line with the provision recognised in books of account. The incremental impact for past service cost for subsidiary amounting to Rs. 277.73 lakhs is recognised as an exceptional item. The Group continues to monitor the finalization of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and will align policies/pay structure. <BR> <BR> 6. Pursuant to acquisition stated in note 3, the comparative figures presented in the consolidated financial results for the quarter and year ended December 31, 2024 and quarter ended September 30, 2025 represents standalone figures of the Parent Company. <BR> <BR> 7. The aforesaid financial results of the Group have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of Listing Regulations. <BR> <BR> 8. The Group 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. <BR> <BR> 9. The Board of Directors have recommended the payment of a final dividend for financial year ended 31 December 2025 of Rs. 25/- (250%) per fully paid equity share. This proposed dividend is subject to the approval of the shareholders in the ensuing annual general meeting. <BR> <BR> 10. In accordance with the SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, the Company hereby confirms that it has neither borrowed any amount from any party nor did it had any outstanding qualified borrowings, either at the start of the financial year or at the end of the financial year. In this regard, the information as required by the aforesaid circular is given hereinbelow; <BR> <BR> 1. Outstanding Qualified Borrowings at the start of the financial year - Nil <BR> 2. Outstanding Qualified Borrowings at the end of the financial year - Nil <BR> 3. Highest credit rating of the company - Not Applicable <BR> 4. Incremental borrowing done during the year (qualified borrowing) - Nil <BR> 5. Borrowings by way of issuance of debt securities during the year - Nil <BR> <BR> Date : 25th February 2026 <BR> Place : Pune <BR> <BR> For Foseco India Limited <BR> <BR> <BR> Prasad Madhukar Chavare <BR> Managing Director & Chief Executive Officer <BR> DIN : 08846863 <BR> __________________________________________________________________________________________Foseco India Limited <BR> Registered Office: Gat Nos. 922 & 923, Sanaswadi, Taluka Shirur, District Pune – 412208 <BR> Tele: +91 2137 668100, Fax: +91 2137 668160 <BR> Website: www.fosecoindia.com, E-mail ID: investor.grievance@vesuvius.com <BR> Corporate Identity Number: L24294PN1958PLC011052 <BR> __________________________________________________________________________________________ <BR> <BR> 2025-01-012025-12-31AuditedConsolidated643418500016826000066024450003173206000255824000-46260005812480001621000133212000118925400053297390001272706000-2166250001056081000320298000-1289900030739900007486820000000748682000-999500073868700072287400025808000-9599000-396000753730001010287169000110.46110.4600110.46110.46000Other Expenses341679000Other Expenses1189254000224376200035692000394714200015512520000120800030560004264000395656000817776800053501500001533967000967925000230256300021280006090900048674920000101836000550434300000136821110007537300010287169000103625420008363760001119891800001735200017352000056922600058657800007522000014807760001555996000134096000169009200018050200016860000916100001896615000248319300013682111000162100043001000-2260000006274500000001662200000001332120000308550000-67830000-9627000008896000000488800000412428000146850900000-1570750003351910000976243000000000000896570001839000000000000000000001209290000-922005000-8888940000000000000576000016032700016210000138215000-2949300057856000344200061298000906627000967925000Remeasurements of post employment benefit obligations-12123000Tax relating to this item3051000-9072000Remeasurements of post employment benefit obligations-13356000Tax relating to this item3361000-99950000000-9072000-9995000AuditedtruePrice Waterhouse Chartered Accountants LLPtrue2026-11-30