Austin Engineering Company News

Austin Engineering Board Meeting on May 27

Austin Engineering Company Limited will hold a board meeting on May 27, 2026, to consider audited financial results for FY26. The board will also fix the date for the 48th Annual General Meeting.

Independent Director Resigns

Austin Engineering Company Limited accepts resignation of Independent Director Mr. Jagdishchandra B. Jagani effective May 20, 2026.

Austin Engineering confirms non-Large Corporate status

Austin Engineering Company Limited disclosed to BSE that it does not qualify as a Large Corporate entity for FY26 under SEBI regulations, with zero outstanding borrowings as of March 31, 2026.

Austin Engineering Reports Mixed Results with Revenue Decline and Profit Growth

Austin Engineering Company Limited announced its unaudited financial results for the quarter ended September 30, 2025. On a standalone basis, revenue from operations decreased to Rs. 2,971.69 lakhs compared to Rs. 3,417.08 lakhs in the previous quarter. However, the company reported a profit after tax of Rs. 197.20 lakhs for the current quarter versus Rs. 151.48 lakhs in the previous quarter. On a consolidated basis, revenue from operations was Rs. 3,013.59 lakhs with profit after tax of Rs. 204.84 lakhs. The company operates in two reportable segments: Bearings and Wind Turbine Power Generation, with Bearings being the dominant segment contributing Rs. 2,971.69 lakhs to standalone revenue. The Board of Directors approved these results at their meeting held on November 13, 2025, following review by the Audit Committee on November 11, 2025.