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Electrotherm (India) Limited appointed Davesh Khandelwal as an Additional Director and Whole Time Director, effective August 26, 2026, for a period of three years, subject to shareholder approval, and Rajesh Bhalchandra Patel as an Additional Non-Executive Non-Independent Director, also effective August 26, 2026, pending shareholder approval.

Electrotherm (India) Limited appointed Davesh Khandelwal as an Additional Director and Whole Time Director for three years, effective August 26, 2026, subject to shareholder approval, and Rajesh Bhalchandra Patel as an Additional Non-Executive Non-Independent Director, effective the same date, also subject to shareholder approval.

Electrotherm (India) Limited appointed Davesh Khandelwal as an Additional Director and Whole Time Director, effective August 26, 2026, for a period of three years, subject to shareholder approval, and Rajesh Bhalchandra Patel as an Additional Non-Executive Non-Independent Director, also effective August 26, 2026, pending shareholder approval.

Electrotherm (India) Ltd share price ticked higher by 0.28% to Rs 1012.85. The Company`s net profit witnessed a sharp fall of 49.30% to Rs 6.88 crore, while revenue from operations reduced 19.88% to Rs 913.38 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.17 lakh crore, declining 1.36%. It has inched up 0.13% over last one week and moved up slightly by 6.92% in last one month while the market capitalization of Electrotherm (India) Ltd has improved by 1.33% and 43.03% in the same period respectively. Profit before tax (PBT) of Electrotherm (India) Ltd stood at Rs 8.81 crore in Q2 FY26, nosediving by 73.90% year-on-year, and crashing by 50.64% quarter-on-quarter. EBITDA came in at Rs 21 crore, plunging by 59.03% YoY and slipping 4.96% sequentially. Total expenses reduced by 19.92% to Rs 902.11 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 713.74 crore, dropping by 10.71% YoY, while employee benefits expense was at Rs 56.37 crore, dipping slightly 0.51% YoY. For the TTM ended FY26, revenue from operations eased 3.66% to Rs 4115.37 crore, while net profit jumped 39.27% to Rs 441.9 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 41153% to Rs 363.22 crore, and PBT surged 29.14% to Rs 409.76 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 328.68 crore in FY26, as against Rs 351.34 crore in FY25. Electrotherm (India) Ltd rallied 25.62% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.

Electrotherm (India) will hold a meeting of the Board of Directors of the Company on 14 August 2026.