Xpro India Limited has informed the Exchange regarding 'Remarks extracted from the Chairman s statement delivered at the 28th Annual General Meeting'.
XPROINDIA · price
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Xpro India reported healthy volume growth in the past year, but margins came under pressure due to temporary shifts in market conditions, with overall results slightly behind last year. The Barjora line is in test runs but faced delays due to supplier-side issues; the UAE plant is progressing well, and combined dielectric film capacity is expected to reach 13,000 MT by year-end. The Chairman announced plans for a 4th advanced dielectric line to be set up via the UAE subsidiary (where land is already secured) and is considering a 5th line in India, potentially taking total dielectric capacity to around 6x the 2024 level over the next 3-4 years. The company is also exploring Composite Current Collector films for next-generation batteries, while its coextruded sheets and films business remains a stable, profitable contributor tied to the domestic white goods sector.
Positive long-term outlook signaled by major capacity expansion plans, but near-term margin pressure and Barjora line delays temper short-term sentiment.