H1FY27 growth and 30-35% FY27 revenue and volume guidance
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H1FY27 revenue was Rs 2,425 million, up 6% year on year, while production rose 28% to 11,697 MT. Profit after tax was Rs 172 million, with a 7.1% margin, and operating profit margin was 10.2%; both improved from H2FY26 but remained below H1FY26. Management targets 30-35% volume and revenue growth for FY27 and expects margins to be maintained. New products are ramping up, and POWERGRID approval supports higher-voltage sales.
FY27 growth guidance and new products support optimism, but margins remain below last year and new-facility costs may weigh on near-term returns.