'
Shriram Pistons & Rings hosted
a conference call on Nov 7, 2025. In the conference call, the company was
represented by Mr. Krishnakumar Srinivasan – Managing Director & Chief Executive
Officer, and Mr. Prem Rathi – Executive Director & Chief Financial Officer.
Key takeaways
of the call
In Q2 FY26, revenue growth
was driven by a strong festive demand, and partially supported by the positive
impact of GST rate reduction effective from late September 2025.
The GST 2.0 reforms were
welcomed by the domestic auto industry, which emerged as one of the major early
beneficiaries of these changes. This is reflected in the improved demand for
the Company’s products from OEMs. Consequently, following the GST reduction,
demand has shown signs of improvement.
The implementation of GST temporarily
influenced the product mix, as the aftermarket adjusted preferences toward
parts with relativel...
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