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Carysil's Q3 & 9M FY26 performance showed strength. Consolidated Revenue grew 9.6% YoY to 222.6 Cr for Q3, and 12.9% YoY to 690.2 Cr for 9M. Profit after minority interest (PAT) surged 68.6% YoY to 21.1 Cr in Q3, and 67.7% YoY to 71.1 Cr for 9M, with EBITDA margins improving to 19.4% (Q3) and 19.7% (9M). EPS also saw strong growth.
Growth was driven by robust volumes in Quartz Sinks (+26% Q3 YoY), Steel Sinks, and Kitchen Appliances. As Asia's largest quartz sink maker, Carysil is expanding its global presence, deepening partnerships (Karran, IKEA, Grohe), and building its domestic network to triple business in 3-4 years. Recent developments include significant capacity additions for quartz sinks, steel sinks, chimneys, and kitchen faucets expected by FY27. Management is focused on market expansion and efficiency, targeting 20% EBITDA margins by FY28.