Harsha Engineers International Ltd

Harsha Engineers Q3 FY26: Revenue Up 20.7% YoY, China Expansion Underway 💼📈

- Consolidated revenue grew 20.7% year-over-year and 8.2% quarter-over-quarter in Q3 FY26.

- India Engineering Business (HEIL + Advantek) revenue grew 17.4% year-over-year in Q3.

- Solar business revenue grew strongly with sales of ₹5971 lakhs and EBITDA of ₹554 lakhs in Q3.

- Excluding one-time Labour Code impact, adjusted consolidated EBITDA grew 41.6% and PAT grew 42.7% year-over-year in Q3.

- India Engineering Business adjusted EBITDA and PAT grew 33.9% and 27.5% respectively.

- Basic and diluted earnings per share for Q3 FY26 were ₹3.69, up from ₹2.93 in Q3 FY25.

- Brownfield expansion in Harsha China with $9.94 million investment for steel cages capacity, to be completed by FY28.