27-Oct-2026 17:19:09
MARALOVER Q2 : NET PROFIT TURNAROUND AT RS 7 CR (YOY), UP 17.1% (QOQ); BOARD OKAYS RS 180 CR CAPEX
• Revenue up 20.7% at ₹301.3 Cr (YOY), up 14.5% (QOQ); first half revenue ₹564.5 Cr v ₹475.2 Cr. • PBT ₹7.5 Cr against loss of ₹3.1 Cr (YOY); PBT margin 2.5% v -1.3% (YOY). • Board approved capex of up to ₹180 Cr for upgradation, modernisation and capacity enhancement at Sarovar Plant, phased till 2030. • Capacity additions: melange yarn ~290 MT/month, yarn dyeing ~50 MT/month, fibre dyeing ~84 MT/month, printing 240 MT/month. • Capex to be funded via bank finance and internal accruals; addresses fabric printing constraints and upgrades ETP and electrical infrastructure. • Board raised 26% stake investment in Asawata Energy (15 MW solar, group captive) to ₹3.64 Cr from ₹2.60 lakh approved earlier. • Segment: yarn result ₹13.2 Cr, fabric ₹5.5 Cr, garment loss ₹0.5 Cr.
Maral Overseas Limited
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