The company posted a consolidated net profit of ₹64.9 crore for Q4FY26, down 55.3% from ₹145.2 crore in the year-ago period. Revenue from operations fell 10.1% year-on-year to ₹1,716.7 crore.
EBITDA declined 43.9% to ₹118.8 crore, while EBITDA margin contracted to 7% from 11% in the corresponding quarter last year.
The company said elevated channel inventory following the BEE rating transition affected room AC demand in January and February, weakening pricing power amid rising commodity costs and rupee depreciation.
Production during March was also disrupted due to a commercial LPG shortage linked to the Gulf conflict, impacting room AC production worth nearly ₹300 crore.
In addition, truck availability constraints led to an estimated sales loss of around ₹120 crore. PG Electroplast said the combined impact of these disruptions reduced quarterly revenue by nearly ₹420 crore and lowered profit before tax by around ₹60 crore.
The company further said rupee depreciation during March resulted in mark-to-market foreign exchange losses of ₹38.77 crore in FY26, compared with a forex gain of ₹17.99 crore in the previous financial year.
Despite the challenging operating environment, PG Electroplast said it remains focused on product innovation, capacity expansion and strengthening customer partnerships.
The board recommended a final dividend of ₹0.25 per equity share, equivalent to 25% of face value.
The company added that it is continuing with expansion plans, including a new refrigerator manufacturing facility at Sri City and a rotary compressor plant at Supa. Both projects are targeted for commissioning by Q4FY27 as part of the company’s backward integration strategy.
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(Edited by : Prashant)
First Published: May 27, 2026 9:39 PM IST
