Borosil Reports 5% Decline in Q4 Profit; Board Greenlights ₹250 Crore Fundraising Initiative

Borosil Reports 5% Decline in Q4 Profit; Board Greenlights ₹250 Crore Fundraising Initiative
Borosil announced on Tuesday, May 19, that its net profit declined by 5% year-on-year to ₹10.6 crore for the fourth quarter, down from ₹11.1 crore during the same period last year.

The company’s revenue increased by 5.2% to ₹284.1 crore, compared to ₹270.2 crore a year earlier.

According to exchange filings, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) fell by 18.7% year-on-year to ₹30.2 crore, down from ₹37.1 crore in the previous year’s quarter, while the EBITDA margin decreased to 10.6% from 13.8%.
Additionally, the company indicated it would seek shareholders’ approval to raise up to ₹250 crore through various avenues, including further public offerings, American Depository Receipts, Global Depository Receipts, Foreign Currency Convertible Bonds, debt issuance, Qualified Institutional Placement, or a combination of approved methods, pending regulatory permission.

Earlier, on Wednesday, March 11, the company reported that production at its borosilicate glass furnace in Jaipur had been temporarily halted, and operations at its opal glass furnaces were scaled back after Oil Marketing Companies (OMCs) restricted LPG supplies, citing a force majeure event.

Borosil stated that it had received a notification from OMCs about supply restrictions due to disruptions in global fuel supplies caused by the ongoing conflict in West Asia.

Ahead of the earnings announcement, Borosil shares closed at ₹234.50, gaining ₹15.76 or 7.20% on May 19, 2026.

Also Read: J Kumar Infraprojects Q4 profit slips 4% on lower revenue; declares dividend

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