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The glassware maker's revenue rose 9% to ₹254 crore, but EBITDA declined and margins narrowed to 14% as expenses increased nearly 11%.
By Asmi Saxena August 14, 2026, 6:50:36 PM IST (Published)
2 Min Read
Borosil reported a 26.4% year-on-year decline in consolidated profit after tax (PAT) attributable to owners of the company at ₹12.80 crore for the quarter ended June 30, 2026, compared with ₹17.41 crore in the year-ago period.
The glassware manufacturer’s consolidated revenue from operations increased 8.98% year on year to ₹253.59 crore in the June quarter, from ₹232.69 crore a year earlier.
EBITDA declined 7.7% year on year to ₹34.4 crore in the quarter, compared with ₹37.3 crore in the year-ago period. EBITDA margin stood at 14%, down from 16% a year earlier.
Total expenses increased 10.85% year on year to ₹242.80 crore from ₹219.03 crore.
Sequential performance
On a quarter-on-quarter basis, PAT attributable to owners of the company increased 20.87% to ₹12.80 crore from ₹10.59 crore in the March 2026 quarter.
Revenue from operations, however, fell 10.75% sequentially to ₹253.59 crore from ₹284.12 crore. Total expenses declined 12.35% from ₹277.01 crore.
Shares of the company closed at ₹237.05, down 2.84% ahead of the earnings announcement. The stock has declined 4.45% over the past month and 15.30% year to date, while it is down 28.16% over the past year. Over a three-year period, the stock has fallen 44.54%. The shares gained 3.38% over the past three months.
Also read: Schneider Electric Infra Q1 profit falls 70% as higher costs squeeze margins; orders hit record high
Borosil Renewables, another company under the Borosil Group, also reported its earnings earlier in July. The solar glass manufacturer reported a strong turnaround in its June quarter earnings, posting a net profit of ₹86.8 crore compared with a net loss of ₹166.5 crore in the corresponding quarter last year.
Revenue from operations increased 17.1% year on year to ₹405.7 crore from ₹346.6 crore. Operating performance also strengthened during the quarter, with EBITDA rising to ₹127.2 crore from ₹63.1 crore a year ago.
The company’s EBITDA margin improved to 31.3% from 18.2% in the year-ago period. The improvement came after a challenging period marked by cheap solar glass imports.
