MMP Industries Limited — Updates, 11-08-2025: Press Release

MMP Industries' Q1FY26 results were significantly impacted by a fire at its Umred powder facility, leading to a two-month shutdown and Rs 17.29 Cr estimated loss. This caused a 148% YoY PAT decline to Rs -5 Cr, despite 18% revenue growth to Rs 183 Cr. The Foil segment saw strong 69% growth. The company is actively diversifying, starting commercial production of Composite Insulators (Phase I completed for Rs 17-18 Cr capex) and initiating pilot Low Voltage Power Cable production. Capacity expansions for powders (700 MTPA) and cables (1200 MTPA) are underway, signaling future growth.