PG Electroplast reports 13.9% revenue growth despite monsoon impact

PG Electroplast Limited reported consolidated revenues of INR 1,503.85 crores for Q1FY26, up 13.9% year-over-year, with net profit of INR 66.71 crores.

Early monsoon rains dampened Room AC sales initially, but underlying demand remained robust. The Product business drove growth with a 16.7% increase, contributing 77.1% of total revenues.

The company plans INR 700-750 crores in FY26 capital expenditure for capacity expansion across Room ACs, Washing Machines, and Coolers.