According to reports from Business Standard, Harig Crankshafts reported a standalone net loss of ₹0.03 crore for the quarter ended June 2026, representing a significant improvement from the net loss of ₹2.22 crore recorded in the corresponding quarter of the previous financial year. The company's sales revenue stood at ₹1.53 crore during the June 2026 quarter, marking a substantial turnaround from the zero sales reported in the June 2025 quarter.
As reported by Business Standard, the company's operating profit margin (OPM) was 77.12% for the quarter ended June 2026, indicating strong operational efficiency. The profit before tax (PBT) also improved to ₹0.03 crore from a loss of ₹2.22 crore in the previous year's corresponding quarter. The profit before depreciation and tax (PBDT) remained at ₹0.02 crore, showing consistent operational performance across different profitability metrics.
According to the financial data reported by Business Standard, the company demonstrated remarkable improvement in its financial performance when compared to the same quarter in the previous financial year. The net loss reduction of ₹2.19 crore from ₹2.22 crore to ₹0.03 crore represents a 99% improvement in the company's financial position. The sales revenue of ₹1.53 crore in the current quarter compared to zero sales in the previous year quarter shows a complete operational turnaround for the company.
