AIA Engineering Revenue History — Quarter by Quarter

AIA Engineering's revenue moved from ₹220 Cr in Q1 FY24 to ₹1,066 Cr in Q3 FY26, a 384.5% change over 11 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹1,066 Cr	—
Q2 FY26	₹1,029 Cr	—
Q1 FY26	₹1,026 Cr	—
Q4 FY25	₹1,141 Cr	—
Q3 FY25	₹1,050 Cr	—
Q2 FY25	₹1,030 Cr	-19.1%
Q1 FY25	₹1,004 Cr	—
Q4 FY24	₹1,130 Cr	—
Q3 FY24	₹1,146 Cr	—
Q2 FY24	₹1,273 Cr	—
Q1 FY24	₹220 Cr	—

What management said about revenue

Q2 FY26 · Minimum 30,000-ton incremental volume in FY27

Management targets at least 30,000 tons of additional volume next year, driven by the Chile contract and other conversions.

Q2 FY26 · Chile contract execution starting Q4 FY26

Shipments under the Chile order to begin in Q4 FY26, with 3,000-4,000 tons expected in the first quarter of execution.

Q1 FY26 · Volume growth expected from next fiscal year

Management expects a return to decent volume growth from FY27, driven by conversion of mining customers to high-chrome solutions.

Q1 FY26 · Current fiscal year volumes likely flat

Management indicated that FY26 volumes could be flat (between -5% and +15%) due to ongoing conversion delays and macro headwinds.

Q4 FY25 · No volume guidance for FY26 due to uncertainty

Management refrained from giving volume growth guidance for FY26, citing US tariffs and geopolitical volatility.

Q3 FY25 · Volume growth of 25,000-30,000 tons annually in 2-3 quarters

Management expects to return to predictable annual volume growth of 25,000-30,000 tons within the next two to three quarters as headwinds subside.

Q2 FY25 · Full-year volume guidance of 255,000-260,000 tons

Management expects FY25 sales volume to be 255,000-260,000 tons, a ~10% decline from FY24's 292,000 tons, due to destocking and supply chain issues.

Q2 FY25 · Conversion opportunities exceeding 100,000 tons

Management is working on several large conversion opportunities that could sum to more than six-digit tons, but conversion is taking longer than expected.

Q1 FY25 · Volume guidance deferred for one quarter

Management will not provide volume guidance for FY25 until Q2 results, citing logistics uncertainty.

Q1 FY25 · Brazil volumes expected above 20,000 tons in 12 months

Post duty reduction, management expects Brazil volumes to exceed 20,000 tons in the next 12 months.

Q3 FY24 · FY25 volume growth target of 25,000-30,000 tons

Management expects incremental volume growth of 25,000-30,000 tons in FY25, contingent on conversion of customers from forged to high-chrome grinding media.

Q2 FY24 · FY24 volume growth guidance reduced to 10,000-20,000 tons

Incremental tonnage for FY24 is now expected to be 10,000-20,000 tons, down from earlier guidance of 25,000-30,000 tons, due to slower conversion timelines.