Alicon Castalloy Ltd Reports Strong Sequential Profit Growth in Q2 FY26

Manufacturing-News
Image Courtesy: Alicon Castalloy

Alicon Castalloy Ltd (BSE: 531147, NSE: ALICON), a leading integrated manufacturer of aluminum castings, announced its financial results for the quarter and half-year ended September 30, 2025, highlighting sequential improvement in profitability amid challenging international market conditions. In Q2 FY26, the company reported total income of ₹428.9 crore, up 2.4% quarter-on-quarter (QoQ) from ₹418.7 crore, supported by domestic demand resilience despite global tariff pressures and material shortages.

EBITDA rose 11% QoQ to ₹55.5 crore, outpacing revenue growth due to continued cost optimization and operational efficiency initiatives. Profit before tax (PBT) increased 51% QoQ to ₹19 crore, while profit after tax (PAT) climbed 49% QoQ to ₹13.4 crore.

However, on a year-on-year (YoY) basis, total income declined 8%, primarily due to subdued export performance and weak demand from commercial vehicle OEMs in the U.S. market. For H1 FY26, Alicon posted revenues of ₹847.6 crore, down 6% YoY, with EBITDA at ₹105.3 crore and PAT at ₹23.2 crore, reflecting a temporary slowdown in global operations.

Group CEO Rajeev Sikand remarked “Our Q2 results demonstrate resilience, with sequential revenue and profitability growth driven by value-added initiatives and efficiency gains. The GST rationalization in India has improved affordability in the automobile sector, boosting domestic demand. While export challenges persist, our pivot toward local customers and diversification efforts have helped cushion the impact.” Alicon also announced a leadership transition, appointing Sumit Bhatnagar as CEO-Designate, succeeding Mr Sikand upon his retirement in March 2026.

With manufacturing facilities in Pune (Shikrapur and Chinchwad), Binola, and Slovakia, Alicon serves a diversified customer base across automotive, aerospace, infrastructure, defence, energy, agriculture, and healthcare sectors. Combining European engineering precision, Japanese quality systems, and Indian manufacturing agility, Alicon continues to strengthen its position as one of India’s foremost aluminum casting innovators with a focus on sustainable, high-value growth