07-Nov-2026 15:08:25
MAXIMUSExpansion
MAXIMUS : PLANS EXPORT-ORIENTED LUBRICANT PLANT AND RESEARCH CENTER IN INDIA
• Board of Directors approved proposal to set up a domestic production facility and product development center for manufacturing advanced lubricants with an export-oriented focus • Company already runs manufacturing facilities in the UAE and Kenya; the India plant would add domestic capacity • H1 FY27 revenue from operations at ₹118.64 Cr (₹11,864.17 Lakhs), with the company reporting 38.99% revenue growth • Q2 FY27 revenue from operations at ₹58.74 Cr and EBITDA margin at 7.77% • Management flagged volatile base oil, logistics and distribution costs amid Middle East conflict, which pressured procurement costs and operating margins
Maximus International Ltd
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