Date: October 09, 2026
Operational Update
Financial Performance:
- Reported consolidated revenues of ₹632.7 crore for the quarter ended September 30, 2026
- Revenue growth of 15% compared to the corresponding quarter of the previous year
- Gross margins during the quarter are expected to remain broadly stable compared to corresponding quarter previous year
Operating Environment:
- External operating environment continues to remain challenging
- Volatility across global supply chains and commodity markets leading to inflationary pressure
- Inflationary pressure is weighing on gross margins
Strategic Focus:
- Company continues to closely monitor the operating environment
- Maintaining focus on supply continuity and customer service levels
- Strengthening underlying business platform
- Despite near-term pressures, remains focused on strategic priorities and long-term growth objectives
Financial Position:
- Net debt stood at ₹911 crore as of September 30, 2026
- Debt reflects continued investments towards capacity expansion and capabilities
- Working capital requirements contributing to debt levels
- Focus remains on deleveraging over the medium to long term
Data Qualification:
- Financial information is based on provisional and unaudited consolidated financial results
- Subject to limited review by the Statutory Auditors of the Company