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Hi-Green Carbon (HGC) delivered strong FY26 performance with consolidated revenue jumping 43% YoY to ₹138.68 Cr, driven by all product segments. EBITDA stood firm at ₹25.78 Cr. Profit after tax (PAT) for FY26 was ₹3.43 Cr, notably impacted by a one-time exceptional loss of ₹5.82 Cr in H2 due to a fire incident, with insurance claims pending.
Its strategic focus includes capacity expansion and cost optimization. Hi-Green commenced commercial operations at its third plant in Dhar, MP, expanding its recycling capacity. A key growth driver is the strategic realignment with Radhe Renewable Energy, integrating technology and operations. This aims for enhanced synergy, asset-light expansion, and centralizes future renewable energy projects under HGC, strengthening its position as a fully integrated techno-recycling organization. Management emphasizes continued efficiency, product quality, and sustainable growth.