Usha Martin Limited has announced its audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026, showcasing a robust growth trajectory. The Board of Directors, meeting on April 30, 2026, approved the financial statements and recommended a significant dividend of Rs. 3.75 per equity share (375%) for the financial year. Additionally, the company strengthened its governance framework by appointing M/s. Mani & Co. as Cost Auditors and M/s. Deloitte Touche Tohmatsu India LLP as Internal Auditors for the 2026-27 fiscal year.

The company reported a consolidated revenue from operations of Rs. 97,926 Lakhs for the quarter ended March 31, 2026, representing a 6.78% increase from the previous quarter and a 9.28% growth over the same quarter last year. Consolidated net profit after tax reached Rs. 14,803 Lakhs, reflecting a substantial 37.48% jump on a quarter-on-quarter basis and a 46.70% surge year-on-year.

Usha Martin is a leading global manufacturer of wire ropes and specialty wires, organized primarily into two business segments: “Wire & Wire Ropes” and “Others” (telecommunication cables). The Wire & Wire Ropes segment continues to be the primary driver of performance, contributing Rs. 95,890 Lakhs to the quarterly revenue. The company’s global footprint is supported by a vast network of subsidiaries and step-down units across the UK, Europe, the Americas, and Southeast Asia. Recent corporate updates include the voluntary dissolution of its wholly-owned subsidiary, Usha Martin Espana S.L., effective December 19, 2025. The company also successfully implemented the ‘Usha Martin Limited Employee Stock Option Plan-2024’ during the year to align employee interests with shareholder value.