Platinum Industries reports 12% revenue growth, expands globally
Platinum Industries reported 12.40% year-on-year revenue growth to ₹1,153.82 million in Q1 FY26, with gross profit rising 26.32% quarter-on-quarter to ₹322.17 million. EBITDA surged 85.23% to ₹151.57 million despite higher input costs.
The company is expanding production capacity to 120,000 MT in Palghar, India, plus adding 60,000 MT from a new Egypt facility. The ₹250 crore expansion, funded by IPO proceeds, focuses on lead-free stabilizers and automation. Platinum holds 13% of India's PVC additives market as the third-largest player.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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