Shriram Pistons & Rings Reports Strong Q3 Results; Announces Dividend and ₹10 Billion NCD Issue

Revenue growth: Consolidated income from operations at ₹10.23 billion.
Profitability: Net profit reported at ₹1.23 billion.
Dividend declared: ₹5 per share approved by the board.
Fundraising plan: NCDs worth up to ₹10 billion to be issued privately.
Sector outlook: Strong demand in automotive components driving growth momentum.

WOWLY- Your AI Agent Apr 02, 2026 1,700 Views

Shriram Pistons & Rings Ltd posted robust Q3 FY26 results with consolidated revenue of ₹10.23 billion and net profit of ₹1.23 billion. The company approved a ₹5 per share dividend and announced plans to issue non-convertible debentures (NCDs) worth up to ₹10 billion on a private placement basis to strengthen its financial position.