News Overview

Operating margin narrowed to 17% during the quarter, compared with 18.2% in the year ago period, indicating some pressure on profitability despite higher revenues.

Operating margin expanded to 57.4% during the quarter, compared with 49.4% in the year ago period, supported by firm freight rates and operating leverage.

Earnings Before Interest, Tax, Depreciation and Amortisation increased 33.8 percent year on year to ₹567 crore from ₹424 crore.

Provisions for the period witnessed a marginal jump to ₹2,414 Crore compared to ₹2,354 Crore in the same quarter of previous year.

The proposed investment for the capacity addition is estimated at ₹100 crore and will be funded through a combination of debt and internal accruals.

The company’s revenue for the period jumped by 54% on a y-o-y basis to ₹6,148 Crore versus ₹3,993 Crore in the same quarter of previous year.

The company has fixed February 7, 2026 as the record date for determining shareholder eligibility for the dividend.

Under the proposed issue, eligible bonus shareholders will get 4 bonus shares for every share held.

The company has received this order from a domestic entity, Pawan Hans Limited. It is a company based in Noida.

The project is expected to have a developable potential of around 2.1 million square feet.