Borosil Renewables closed Q2 with a net profit of ₹70.1 crore, a 53% jump from ₹45.8 crore a year earlier, while revenue rose modestly 4.7% to ₹396 crore. —
EBITDA slid 14.7% to ₹105.5 crore, pulling the margin down to 26.6% from 32.7% a year ago, a sharp contraction that dented operating efficiency. —
The company cited a ₹9.50 per square metre cut in fuel surcharge after gas prices dipped, coupled with routine furnace maintenance that throttled production, as primary drivers of the margin squeeze. —
First‑half FY27 figures show a 12.8% revenue rise to ₹801.8 crore, EBITDA up 18.5% to ₹258.3 crore, and net profit climbing to ₹157.8 crore, underscoring the seasonality of the business cycle. —
Executive Chairman P.K. Kheruka outlined a 60% capacity expansion underway, aimed at meeting surging solar glass demand and reducing import reliance; he said the firm expects operating performance to normalise from Q3 FY27, buoyed by higher selling prices and increased output. —
Shares slipped 0.90% to ₹390 on October 30, a 3.55‑rupee drop ahead of the earnings release, reflecting cautious sentiment as investors weigh the EBITDA dip against the profit surge.