Quarterly Result25 May 2026, 10:41 pm
Coromandel Engineering: FY26 Revenue Up 38% to ₹4,308.84 Lakh
AI Summary
Coromandel Engineering Company Limited announced strong financial and operational performance for FY 2025-26, achieving its sixth consecutive profitable quarter. Revenue from operations increased to ₹4,308.84 lakh, a 38% year-on-year growth. EBITDA improved, and EBITDA margins expanded by 1.70%. The company is transitioning to an asset-light business model to improve capital efficiency and enable scalable growth. It is currently executing projects across multiple sectors and is focused on improving profitability and strengthening execution capabilities.
Key Highlights
- Revenue from Operations increased to ₹4,308.84 lakh, a 38% year-on-year growth.
- EBITDA improved, reflecting enhanced operational performance.
- EBITDA margins expanded by 1.70% compared to the previous year.
- Company reported its sixth consecutive profitable quarter.
- Transitioning towards an asset-light business model for scalable growth.