Igarashi Motors India Ltd reported consolidated revenue of Rs 2.19 billion for the September 2025 quarter, marking a modest year-on-year growth. However, profitability declined sharply due to margin compression and lower export demand, with net profit falling 42.31% to Rs 45 crore.
Igarashi Motors India Ltd, a key supplier of micro motors for automotive applications, released its Q2 FY2025–26 financial results showing a 1.42% year-on-year increase in revenue to Rs 2.19 billion. Despite the topline growth, the company faced significant profitability challenges during the quarter.
EBITDA dropped 10.65% to Rs 235 crore, while net profit plunged 42.31% to Rs 45 crore. The EBITDA margin contracted by 147 basis points to 10.70%, reflecting cost pressures and subdued performance in export markets. The automotive segment remained the dominant revenue contributor, accounting for 86.94% of total sales.
Management emphasized its focus on maintaining a strong balance sheet and improving operational efficiency. With total assets of Rs 8.02 billion and equity of Rs 4.65 billion, the company remains financially stable despite near-term headwinds.
Major Takeaways
- Q2 FY2025–26 revenue: Rs 2.19 billion, up 1.42% year-on-year
- Net profit: Rs 45 crore, down 42.31%
- EBITDA: Rs 235 crore, down 10.65%
- EBITDA margin compressed to 10.70%
- Automotive segment contributed 86.94% of revenue
Sources: ScanX News, Igarashi Motors Investor Relations, Economic Times