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Bhagyanagar India reported strong Q1FY27 financial results. Revenue surged 45.20% YoY to Rs 705.07 Cr, though dipped 4.01% QoQ. Profit After Tax (PAT) jumped 167.38% YoY to Rs 20.25 Cr, while EBITDA rose 136.49% YoY to Rs 38.29 Cr. Sales volume stood at 5278 MT. The company is strengthening revenue quality by focusing on higher-margin value-added copper products and expanding its international presence.
Strategic focus areas include phased capacity expansion for value-added products, digital transformation across operations, and R&D for new product lines. They are also targeting new markets in East Asia, Middle East, and North America, alongside strengthening OEM partnerships.
A notable recent development is the ongoing composite scheme to demerge its copper business into a separately listed entity, Tieramet Ltd, aiming to unlock value and create a focused copper play. Additionally, the company raised Rs 52.25 Cr through a preferential issue from non-promoters to support working capital and general corporate purposes. Management's outlook emphasizes sustainable growth through efficiency improvements and entry into emerging sectors like EV infrastructure and solar PV systems.