News

The company reported revenue of INR 113 crores in the first quarter of fiscal year 2027, increasing to INR 196 crores in the fourth quarter of the previous fiscal year, with a significant tariff and freight component of INR 250 crores. Sales volume reached approximately 135,000 tons, while other expenses totaled around INR 500 crores, largely attributed to tariff and freight costs. The company is constructing a facility in Saudi Arabia, anticipating trial production by December and commercial production by the end of fiscal year 2027 or early fiscal year 2028, to serve the region and potentially expand into North Africa. While currently focused on US exports, the company is exploring opportunities in Europe and remains mindful of geopolitical risks, currency fluctuations, and execution challenges related to the Saudi Arabia facility.

Karamtara Engineering Limited will hold a board meeting on October 6, 2026, to consider and approve the standalone and consolidated unaudited financial results along with the limited review report for the quarter ended June 30, 2026, as previously announced on September 17, 2026; the trading window for the company`s securities remains closed until 48 hours after the financial results are declared.

Karamtara Engineering Limited will close its trading window for designated persons and their immediate relatives from September 17, 2026, until October 8, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the board meeting on October 6, 2026, to consider and approve the company’s unaudited financial results for the quarter ended June 30, 2026.