GRP Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

GRP Ltd. reported a Q1 FY26 revenue decline of 2% YoY to Rs. 124.7 Cr, with EBITDA down 18% to Rs. 10.9 Cr. This was primarily due to raw material inflation and a 9% dip in export volumes, impacted by global tariffs. Despite challenges, domestic business showed 5% growth. Management expects commercial operations for its tyre pyrolysis oil project in Q2 and the recovered carbon black unit by fiscal end. New low-GHG reclaim rubber technology is also yielding positive results. The company remains optimistic, focusing on these strategic diversification and efficiency initiatives.