SPR Auto Technologies: Posts ₹1,119 Million Net Profit for Q1 FY27

SPR Auto Technologies Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net profit after tax of ₹1,119 million on a standalone basis. Total income for the quarter stood at ₹9,627 million, with expenses amounting to ₹8,120 million. The company also announced the appointment of a new Additional Director and a Compliance Officer.

Financial Highlights for Q1 FY27

SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has disclosed its unaudited financial results for the first quarter of the financial year 2026-27, ending on June 30, 2026. On a standalone basis, the company recorded a total income of ₹9,627 million, a slight increase from the previous year’s same quarter. Total expenses for the quarter were ₹8,120 million, leading to a profit before tax of ₹1,507 million.

Net Profit and Earnings Per Share

After accounting for a tax expense of ₹388 million, the company’s net profit after tax for the quarter stood at ₹1,119 million. This translates to basic earnings per share (EPS) of ₹25.40 and diluted EPS of ₹25.40 for the quarter.

Key Financial Ratios and Other Income

The company’s other income for the quarter was ₹211 million. Several financial ratios, including debt-equity ratio, current ratio, and net profit margin, were also provided. The net profit margin for the quarter was 11.88%.

Consolidated Financial Performance

On a consolidated basis, including its subsidiaries, SPR Auto Technologies reported total income of ₹14,992 million for the quarter ended June 30, 2026. Total expenses were ₹13,040 million, resulting in a profit before tax of ₹1,952 million. The consolidated net profit after tax was ₹1,477 million. Consolidated basic and diluted EPS were ₹32.78.

Corporate Governance Updates

In addition to the financial results, the company announced the appointment of Mr. Arun Kumar Shukla as an Additional Director and Whole-time Director for a term of five years, effective August 4, 2026. Furthermore, Ms. Nidhi Kandwal has been appointed as the Compliance Officer and Key Managerial Personnel, also effective August 4, 2026.

Fund Utilization

The company also provided an update on the utilization of funds raised through the issuance of non-convertible debentures (NCDs). The funds were raised on February 23, 2026, with an original object of refinancing existing debt and general corporate purposes. The report indicates no deviation or variation in the use of these funds for both Series I and Series II Debentures.

Source: BSE

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