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CMD MESSAGE
Our journey of three and half years, since incorporation of YIL in October 2021, has been a journey defined by perseverance, resilience, resolve and steady Progress. From the initial challenges of our inception, including a loss in our first half-year, we have successfully transitioned to a trajectory of sustained growth and profitability. In the previous financial year 2024-25, we achieved an aIl-time high turnover of Rs. 3,108 crores, a 10% growth over the previous year. The Profit Before Tax (PBT) impressively rose by 19.7% to Rs. 509 crores from Rs. 425 crores. Exports also saw a remarkable increase of 50%, reaching Rs.324 crores compared to Rs. 218 crores in FY 2023-24.
WHAT'S NEW
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MIL & YIL, staunch business partners, are driving India's Defense Sector forward post-corporatization. Synergy Conference, hosted at O.F. Ambernath, brought together GMs from both MIL & YIL OFs, with the BODs presence. The event was chaired by CMDs Sh. Ravi Kant & Sh. Rajeev Puri
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By the Approval of YIL, The biggest change in the history of Grey Iron Foundry has occurred. The change is happily accepted as seen in the Celebration Ceremony. "GIF is now OFJ".
OUR PRODUCTS
AWARDS & ACHIEVEMENTS
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Yantra India Limited conducted its 4th Annual General Meeting on 29-09-2025, chaired by Shri Vijaykumar Iyer, CMD (Addl. Charge), in the presence of the Board of Directors, including Shri Rajeev Kalra, Director (Finance), and Shri S. K. Singh, Director (HR). In his address, the CMD highlighted the company’s significant achievements and future roadmap, while appreciating the valuable contributions of shareholders, stakeholders, officers of MoD (GoI), financial institutions, employees, and members of the IR mechanism in YIL’s journey of success so far.
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YIL has added another feather to its cap by winning the People First HR Excellence Award 2024 in Employee Relations & IR category.
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YIL has been awarded as a Champion in Category of Impactful HR strategy at People first HR Excellence Award 2024 for its innovative PLI scheme. PLI scheme of YIL has been its key strategy towards organizational transformation.
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In its inaugural full Financial Year 2022-23, YIL made a remarkable shift, transitioning from the Red to the Green Zone, achieving a Revenue Surplus status. On December 19, 2023, YIL held its 2nd Annual General Meeting.
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Great achievement for YIL that MSF, Ishapore has been granted yet another patent for invention "Production of steel cartridge case for Anti Material Rifle " serving two-fold purpose 1. Attaining self-reliability under Make in India initiative. 2. Enabling import substitution.
MILESTONES
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— Patent Certificate for Steel Cartridge Case : MSF
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— 2nd Annual General Meeting
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— 4th Annual General Meeting on 29-09-2025
