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    The News CartelThe News Cartel
    Home»Business»Classic Electrodes Announces Healthy H1 FY26 Results
    Business

    Classic Electrodes Announces Healthy H1 FY26 Results

    Shruti JoshiBy Shruti JoshiNovember 25, 2025No Comments2 Mins Read
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    Kolkata (West Bengal) [India], November 25: Classic Electrodes (India) Limited (NSE: CLASSICEIL), a prominent Indian manufacturer specializing in welding consumables, including electrodes and MIG wires, announced its Unaudited Financial Results for the half year ended September 30, 2025

    H1 FY26 Financial Highlights (₹ in Lakhs)

    • Total Revenue: ₹12,303.04 lakhs
      (H1 FY25: ₹10,571.13 lakhs) – up 16.4% YoY
    • Profit Before Tax (PBT): ₹846.16 lakhs
      (H1 FY25: ₹757.61 lakhs) – up 11.7% YoY
    • Profit After Tax (PAT): ₹648.74 lakhs
      (H1 FY25: ₹612.55 lakhs) – up 5.9% YoY
    • EPS (Basic/Diluted): ₹3.61

    Growth was supported by stable demand for electrodes and MIG wires and steady contribution from the trading division.

    Key Business Highlight

    Successful Commercial Launch of Flux Cored Wire – A Strategic Addition Strengthening Future Growth

    The Company successfully commenced commercial production of Flux Cored Wire, marking a major expansion of its product portfolio. This new line is expected to meaningfully strengthen top-line growth, enhance margins through improved product mix, and further deepen the company’s presence in the welding consumables market.

    Mr. Sushil Kumar Agarwal, Managing Director’s comment:

    “Our H1 FY26 performance demonstrates resilience in our core manufacturing operations and sustained demand from the domestic fabrication and infrastructure ecosystem. With healthy revenue growth and consistent profitability, we continue to strengthen our presence in the welding consumables industry.”

    He added, “The planned debottlenecking and automation initiatives at our Unit I facility—supported by IPO proceeds – will enhance efficiency, expand throughput, and help us unlock higher utilization levels. Combined with our broad product range and strong market footprint, we remain confident of maintaining a steady growth trajectory.”

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

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    About Post Author

    Shruti Joshi

    https://thenewscartel.com
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