Borosil Renewables Q2: Net profit rises 53% to ₹70 crore; EBITDA falls 15%, margins contract
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Borosil Renewables reported a 53% rise in net profit to ₹70.1 crore for the second quarter of FY27.
- ✓While revenue grew, EBITDA fell 14.7% due to furnace repairs and lower fuel surcharges.
- ✓Kheruka said, "Our priorities remain focused on improving operating performance, enhancing manufacturing efficiencies and continue creating sustainable value."
Story at a Glance
- Category
- BUSINESS
- Reported By
- cnbctv18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Lower fuel surcharges and scheduled furnace repairs squeezed operational margins despite a significant surge in quarterly net profit. Management anticipates earnings to rebound as production scales and selling prices recover. Find out how the upcoming capacity expansion will impact import dependence.
Borosil Renewables reported a 53% year-on-year increase in net profit to ₹70.1 crore for the second quarter of FY27, compared with ₹45.8 crore in the year-ago period. Revenue rose 4.7% to ₹396 crore from ₹378 crore.
However, EBITDA declined 14.7% to ₹105.5 crore from ₹123.7 crore a year ago, while EBITDA margin contracted to 26.6% from 32.7%.
The company attributed the moderation in quarterly performance to a reduction of around ₹9.50 per square metre in fuel surcharge following a temporary decline in gas prices, which lowered reported realisations. Routine furnace maintenance also led to a slight dip in production, weighing on gross margins.
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