MANALI PETROCHEMICAL LTD. Q3 FY25 Results

Our performance continues to be impacted by macro-economic challenges, particularly unhindered imports from neighbouring countries, which put domestic industries without tariff protection at a disadvantage. However, we have strengthened internal efficiencies and operational performance, narrowing standalone losses. Looking ahead, we expect continued progress, supported by our overseas subsidiaries, which have contributed to overall profitability and expanded our product portfolio. We have also reinforced our leadership team at the board level and aligned work responsibilities more strategically. Our ESG commitment will be a key competitive advantage in the long run, particularly in using carbon-neutral technologies, products, and raw materials.

As we navigate challenges from cheap imports and oversupply, our strategy of moving up the value chain with cleaner product solutions will position us well for long-term resilience. This quarter, our focus on cost and operational efficiencies has led to a significant reduction in standalone losses. Our international subsidiaries have contributed to profitability, and proposed expansion in Asian and Indian markets, will further strengthen our portfolio and enhance value.