Sharda Motor Industries’ board has approved the unaudited financial results for Q3 FY26, ending December 31, 2025. Additionally, the board has greenlit the establishment of a new manufacturing unit in Haridwar, Uttarakhand, aimed at boosting the production capacity of existing product lines. The results and expansion plans signal the company’s commitment to growth and operational efficiency.
Financial Performance Highlights
Sharda Motor Industries has released its unaudited standalone financial results for the third quarter of fiscal year 2026. Key figures from the announcement include:
- Total Income: ₹903.60 million
- Profit Before Tax: ₹105.95 million
- Profit After Tax: ₹80.13 million
These results showcase the company’s financial standing for the quarter ended December 31, 2025. The complete detailed report is available on the company website.
New Manufacturing Unit in Haridwar
The Board of Directors has also approved the establishment of a new manufacturing facility located in Haridwar, Uttarakhand. This new unit is designed to increase the manufacturing capacity of existing product lines.
Unit Details
- Proposed Capacity Addition: 150,000 sets per annum.
- Projected Completion: The commercial production is scheduled to begin by July 2026, contingent upon receiving the necessary approvals.
- Investment: Approximately ₹200 million
- Funding: This expansion will be funded through internal accruals.
- Rationale: This new unit aims to improve supply in the vicinity of customer locations.
Source: BSE
