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MMP Industries LimitedUpdates, 08-08-2025: Press Release

08-08-2025 | 05:29 pm

MMP Industries' Q1FY26 revenue grew 18% YoY to ₹183.7 Cr. However, a fire at its Umred plant caused a ₹5.4 Cr PAT loss and 25% EBITDA decline. The estimated ₹17.29 Cr loss from the incident is largely covered by insurance. Despite this, Aluminium Foils segment revenue surged 69% YoY. The company is expanding with a ₹5 Cr pilot LVPC unit, progressing on ₹35-40 Cr Composite Insulator capex, and planning ₹85-90 Cr for a new LVPC/Conductor facility. A ₹13-15 Cr wire rod plant and ₹30 Cr solar park aim to boost margins. Demand is improving, with stronger H2FY26 recovery expected.

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