Magna Approves In-Principle Samrajyaa Merger And ₹17 Crore Machining Division

Raw Material Costs Bite PAT at Rs 3.7 Cr in Q1 FY27 (standalone), -44.0% YoY. Revenue at Rs 50.8 Cr in Q1 FY27 (standalone), +4.7% YoY. EBITDA at Rs 7.9 Cr, -22.5% YoY. EBITDA margin at 15.6% vs 21.1%; raw material costs grew 25.2% vs revenue growth of 4.7%. Board granted in-principle approval for merger with Samrajyaa Precision Machining Private Limited and approved a Rs 17 Cr in-house machining division, expected to be commissioned by January 2027.