Record-Breaking Fiscal Year for Company with Ambitious Growth Plans Ahead
The Company reported its best-ever quarter in Q4 FY26 with robust financial performance, including a 35% increase in revenue and an 81% rise in PAT from the previous year. Continuing this momentum, the Company forecasts a promising FY27 with major capacity expansions and strong demand propelling future growth.
In an impressive display of financial strength, the Company announced a record-breaking performance for Q4 FY26, noting a substantial increase in revenue and profitability. Revenue for the quarter reached ₹40.7 crore, a 35% year-on-year surge, while the Profit After Tax (PAT) leaped by 81% to ₹8.1 crore.
For the entire fiscal year FY26, revenue grew by 39% to ₹135.3 crore, and EBITDA soared 52% to ₹32.0 crore. This marks FY26 as a historical year for the Company, crediting a combination of strategic product mix improvements and relentless cost optimizations for its success.
Looking forward to FY27, the Company aims for revenue between ₹250-300 crore. The first quarter is already expected to show strong performance, with revenue estimates around ₹52-55 crore. Capacity expansion continues to be a focal point, ensuring the Company can meet rising demand, especially in the steel sector.
(With inputs from agencies.)
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