Magna Electro Castings Share Price Today

Magna Electro Castings Q2 EBITDA rises 16.9% YoY to ₹110.6 million

Q2FY27 EBITDA rose 16.9% YoY to ₹110.6 million. Revenue from operations increased 17.6% YoY to ₹6,156.35 lakh. H1FY27 net profit declined 16.8% to ₹1,003.21 lakh due to higher employee costs. Trade receivables surged to ₹5,686.53 lakh, impacting working capital.

Magna Electro Castings shareholders approve ₹5 dividend at AGM

Magna Electro Castings declared a final dividend of ₹5 per share for FY26. Shareholders unanimously approved financial statements and board reappointments. Related-party transaction passed with 89.13% support after promoter abstentions. All nine agenda items were approved at the 36th AGM held on September 9, 2026.

Magna Electro Castings net profit up 40% to ₹3.7 crore in Q1FY27

Magna Electro Castings posted Q1FY27 net profit of ₹3.73 crore, up 40% YoY, on revenue of ₹50.81 crore. The board approved a merger with Samrajyaa Precision Machining and a ₹17 crore investment in a new in-house machining division to reduce third-party dependence.

Magna Electro Castings shares Annual Report link for FY26

Magna Electro Castings Limited intimated the availability of its FY26 Annual Report, highlighting revenue growth of 11.33% to ₹19,643.75 lakh. The AGM on September 9, 2026, will approve a ₹3,000 lakh related-party transaction with SPMPL, re-appoint key executives, and declare a ₹5 per share dividend.

Magna FY26 net profit falls 20.1%, declares ₹5 dividend

Magna Electro Castings Limited reported a 20.1% decline in net profit to ₹1,847.45 lakh for FY26, despite an 11.3% increase in revenue to ₹19,643.75 lakh. The board recommended a final dividend of ₹5 per share and re-appointed the Managing Director and Statutory Auditors. The 36th AGM is set for September 9, 2026.

Magna Electro Castings Schedules Board Meeting on May 28, 2026 to Approve FY26 Audited Results and Dividend

Magna Electro Castings has scheduled a Board of Directors meeting on May 28, 2026, to approve audited financial results for the quarter and year ended March 31, 2026, and to consider a dividend recommendation for FY26. The intimation was filed with BSE on May 15, 2026, under Regulation 29 of the SEBI (LODR) Regulations, 2015. The trading window for directors, designated persons, and connected persons will remain closed until May 30, 2026, in accordance with insider trading norms.