Quarterly Result4 Sept 2025, 04:57 pm
Indag Rubber Ltd Reports Q1 FY2026 Financial Results: Revenue Down by 17%, EBITDA Margin Improves by 110 Basis Points
AI Summary
Indag Rubber Limited, a leading tread manufacturing company in India, has reported its unaudited financial results for the quarter ended 30th June 2025. The company's revenue was Rs. 248 crore, a 17% decline compared to Q1 FY2025. The EBITDA was Rs. 34 crore, representing an 8.2% margin, which is an improvement of 110 basis points due to better product mix and tighter cost controls. The company remains optimistic about its growth prospects, driven by expanding retreadable tyre base, formalization of the industry, and sustainability and policy alignment.
Key Highlights
- Revenue down by 17% in Q1 FY2026 compared to Q1 FY2025
- EBITDA margin improves by 110 basis points in Q1 FY2026 compared to Q1 FY2025
- Decrease in revenue primarily due to reduced volumes in the STU business and softer demand conditions in the aftermarket segment
- Optimistic about growth prospects due to expanding retreadable tyre base, formalization of the industry, and sustainability and policy alignment
- Focused on executing long-term growth strategy involving fleet engagement, expanding retreader network reach, enhancing brand visibility, driving product leadership via sophisticated R&D, and advancing operational excellence through digitalization