PG Electroplast Ltd., a contract producer of shopper electronics and residential home equipment, has reported a two-fold soar in consolidated internet revenue to Rs 146.38 crore within the March quarter of fiscal 2025, led by strategic enlargement in merchandise, capability and improve in operational efficiencies.
It had posted a consolidated internet revenue of Rs 71.58 crore within the January-March quarter a yr in the past, based on a regulatory submitting by PG Electroplast Ltd. on Monday.
PGEL’s income from operations was up 77.4% to Rs 1,909.85 crore within the March quarter. It was at Rs 1,076.57 crore within the corresponding quarter a yr earlier than.
Whole bills of PGEL had been Rs 1,749.79 crore within the March quarter, up 76.84%.
Its complete income was up 78.68% to Rs 1,929.72 crore within the March quarter.
For the monetary yr ended March 31, 2025, PGEL’s internet revenue was up two-fold to Rs 290.92 crore, from Rs 137.01 crore a yr earlier than.
In fiscal 2025, PGEL’s complete consolidated earnings rose 77.73% to Rs 4,904.63 crore, helped by 6.4% progress in quantity.
Monetary yr 2025 has been a “landmark yr”, stated PGEL in its incomes assertion, including, it was marked by vital achievements and industry-leading milestones.
The yr had an “distinctive income progress” with product enterprise gross sales reaching Rs 3,526 crore, pushed by over two-fold progress in room air-conditioner gross sales. Its subsidiary, PG Technoplast, additionally recorded Rs 3,506 crores in working income in FY25 in its fourth yr of operations.
The washer phase skilled 43% progress, whereas cooler gross sales surged 80%.
Commenting on the expansion, Chairman Anurag Gupta stated it’s “pushed by strategic enlargement, operational efficiencies, and a strengthened steadiness sheet. With profitable capability enhancements and unprecedented scaling of its product enterprise, the corporate is leveraging its measurement and partnerships to drive innovation, scale back prices, and elevate high quality requirements.” Over the outlook for fiscal 2026, PGEL stated it continues to witness vital inquiries and agency commitments throughout enterprise segments, reinforcing a robust progress trajectory.
It has projected a complete group income of Rs 7,200 crore for fiscal 2026.
“PGEL initiatives Rs 6,345 crore in consolidated gross sales for FY26, marking a sturdy 30.3% progress over FY25. Internet revenue is anticipated to achieve Rs 405 crore, reflecting a 39.2% improve from FY25 Rs 290.9 crore,” it stated.
Shares of PG Electroplast Ltd. on Tuesday had been buying and selling at Rs 855.10 on BSE, down 3% from earlier shut.
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