Ester Industries Limited — Updates, 06-02-2025: Press Release

Ester Industries Limited reports a strong performance for the third quarter and nine months, with standalone revenues rising 31% year-on-year to ₹277 crore and consolidated revenues increasing by 29% to ₹351 crore. The EBITDA for standalone operations surged to ₹44 crore, compared to a loss last year, yielding an impressive margin of 15.9%. Consolidated EBITDA also improved to ₹65 crore, marking a significant turnaround.

The Specialty Polymers segment achieved a remarkable 55% revenue growth driven by high demand for flagship products, while the Polyester Films unit saw a sharp improvement in margins supported by a 27% increase in export volumes. The share of high-margin value-added products also rose, enhancing overall profitability. Looking ahead, the company expects sustained growth, bolstered by strong fundamentals, a robust product pipeline, and positive market trends, indicating a favorable outlook for the future.