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Technocraft Industries saw its Q3 FY26 consolidated operating revenue grow 3% YoY to ₹662.43 Cr, with Profit Before Tax jumping 27% to ₹73.69 Cr. EBITDA also rose 23% to ₹121 Cr.
**Business Performance:** Drum Closures and Engineering Services segments drove growth, with revenues up 3% and 32% respectively. Drum Closures EBIT rose 12%, and Engineering Services EBIT increased 21%. Scaffoldings revenue grew 4%, but EBIT dropped 44% due to geo-political uncertainties. Textiles saw an 11% revenue decline but EBIT turned profitable from a loss last year.
**Growth Drivers:** The company is leveraging anticipated infrastructure and housing demand for Scaffoldings, supported by new Aluminum Extrusion and Fabrication units. Textiles is targeting new markets and value-added products to de-risk global uncertainties. Engineering Services anticipates significant demand from its offshore delivery model.
**Recent Developments:** Noteworthy updates include new Aluminum Extrusion & Fabrication units, robotic welding in Scaffoldings, solar power panels, and a new Spinning Unit in Amravati supporting textiles.
**Outlook:** Management is optimistic about future growth, especially in engineering services and scaffolding. They expect improved performance across segments, with a focus on value-added products in textiles.
All announcements from Technocraft Industries (India) Limited