Financial Performance

  • Total Revenue for Q1 FY2026-27: ₹76.12 crore (₹7,612 lakhs)
  • Total Revenue for Q1 FY2025-26: ₹60.93 crore (₹6,093 lakhs)
  • Year-on-Year Growth: +24.92%

Operational Highlights

  • Achieved broad-based growth across all product categories
  • Successfully maintained operating margins despite volatility in global PVC raw material prices
  • Implemented timely price increases to pass on input cost increases to customers
  • Margin preservation attributed to ongoing geopolitical developments affecting raw material prices

Significant Operational Milestone

  • 7.5 MW ground-mounted solar power plant is now fully functional and operational
  • Transition to captive renewable energy expected to substantially reduce power and fuel expenses
  • Expected to directly boost operational efficiencies and optimize bottom-line performance in coming quarters

Management Outlook

  • Management cites structural strength of business model and growing market adoption of products
  • Points to stabilized margins and strong volume visibility as positive factors
  • Expresses high confidence in delivering long-term, sustainable value to stakeholders
  • Attributes confidence to significant reduction in operational power costs on the horizon

Important Notes

  • All information in the business update is provisional and unaudited
  • Document contains forward-looking statements subject to risks and uncertainties including domestic and international economic conditions, changes in government regulations, tax regime, and other statutes
  • Company does not undertake to revise any forward-looking statements