StockWatch
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Garments & Apparels
Quarterly Result5 Aug 2026, 09:40 pm

Pearl Global Industries Reports Record Q1 Revenue of ₹1,528 Cr

AI Summary

Pearl Global Industries Ltd (PGIL) announced its unaudited financial results for the quarter ended June 30, 2026, reporting its highest-ever quarterly revenue of INR 1,528 crore, a 24.5% year-on-year increase. Adjusted EBITDA (excluding ESOP expense) rose 44.1% YoY to INR 164 crore, with EBITDA margin reaching a record 10.7%, up 140 basis points YoY. Profit After Tax (PAT) surged 51.4% YoY to INR 99 crore. Standalone revenue grew 27.4% YoY to INR 340 crore, with PAT at INR 12 crore. The company also achieved its highest-ever Q1 shipments, with 20.8 million pieces. PGIL received a dividend of approximately INR 5 crore from its Hong Kong subsidiary.

Key Highlights

  • Record quarterly revenue of INR 1,528 crore, up 24.5% YoY.
  • EBITDA margin hit a record 10.7%, with EBITDA up 44.1% YoY.
  • PAT increased by 51.4% YoY to INR 99 crore.
  • Highest-ever Q1 shipments of 20.8 million pieces.
  • Received INR 5 crore dividend from Hong Kong subsidiary.