Ellenbarrie Industrial Gases Limited reported a 24% year-on-year revenue increase and 40% EBITDA growth in Q1. EBITDA margin improved to 37.00% from 30.00%. The company plans to expand capacity from 1,370 to 2,130 tons per day, with new plants in East and North India. Argon revenue increased to 9.00% of total revenue, with a target of 15.00%. The company repaid INR 210.00 crores of borrowings and plans INR 250.00 crores in capital expenditure over 1.5 years. Management expects 25% annual revenue growth for the next 2-3 years while maintaining the 37.00% EBITDA margin.