Sigachi Industries Limited — Updates, 25-07-2025: Press Release

Sigachi Industries reported Q1 FY26 results significantly impacted by a tragic fire at its Pashamylaram unit on June 30. The incident caused a net loss of ₹101.0 Cr (vs ₹12.8 Cr profit last year), primarily due to ₹121.0 Cr in exceptional items. Operations at the affected unit are suspended, with an estimated ₹60 Cr revenue loss. Production is reallocated to other facilities, and insurance claims are filed. Despite challenges, revenue grew 33.99% YoY to ₹128.2 Cr. The company is strategically realigning operations, focusing on safety, and expects strong recovery in H2 FY26.