Revenue growth of 20% this quarter, driven by new Jharsuguda plant and strong order booking across both established pipes and new infrastructure products like crash barriers, poles, and transmission line towers.
Strong revenue growth of 40% was driven by order execution, but margins were pressured by high LPG and raw material costs, which management expects to normalize later in the year.
The company delivered strong profit growth with a 25.8% increase in PAT, driven by improving capacity utilization, while progressing on its major greenfield expansion at Bokaro to diversify the business model and capture more value.
While revenue moderated sequentially due to export market challenges and logistics delays, profitability improved by 40% QoQ, reflecting a strategic focus on high value-added manufacturing.
Midwest started FY27 strong with 35% revenue growth led by granite and commenced quartz commercialization while securing strategic international MoUs for rare earths.
Tega Group delivered strong consolidated performance, highlighted by robust legacy Tega consumables growth and the successful first-month integration of the Molycop acquisition.
The company delivered record quarterly revenue and EBITDA, backed by strong order inflows and strategic expansion into value-added products like fittings and spooling solutions.