Satia Industries reports Q2FY26 revenue decline, net loss

Satia Industries Limited reported revenues of INR 3,111 Mn for Q2FY26, a 9% year-over-year decline from INR 3,401 Mn in Q2FY25. This was primarily attributed to reduced paper realizations, soft market conditions, increased import competition, and higher input costs. The company registered a net loss of INR 245 Mn in Q2FY26, compared to a profit of INR 123 Mn in Q2FY25, with EBITDA falling to INR 66 Mn from INR 451 Mn in the prior year.

Despite the challenging quarter, Satia Industries has expanded its cutlery production, adding five new machines to bring the total to 14, all operating at full capacity. The company also increased inventory to support anticipated demand and deferred the shutdown of its PM3 paper machine to ensure operational continuity. Management remains optimistic about a phased recovery, citing early signs of easing wood prices, improved raw material availability, and lower fuel costs in the second half of the year.

Satia Industries’ long-term vision aims for leadership in its segment through operational excellence and value creation, supported by its integrated manufacturing setup and pan-India distribution network. The company emphasized its ongoing strategic focus on expanding specialty product lines, modernization, and sustainability initiatives to restore growth and deliver value to stakeholders.