Sirca posts 22% Q2 revenue growth and sees margins recovering
SIRCA · price
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Sirca Paints reported Q2 FY27 revenue of ₹160.20 crore, up 22.13% year on year, and PAT of ₹20.32 crore, up 12.26%. EBITDA rose 6.42% to ₹29.16 crore, but its margin fell 269 basis points to 18.20% because of higher input costs. Management expects gradual margin improvement in the second half as price increases take effect, supported by consolidated sourcing, localised production and a richer product mix. Wembley expansion is on track.
Sales and profit grew, but input costs compressed margins. A gradual second-half recovery depends on price increases, consolidated sourcing and a richer product mix.