Gala Precision Engineering Reports 19% Revenue Growth in Q1 FY26, Chennai Plant Begins Production
Gala Precision Engineering Limited reported consolidated revenue of Rs. 63.00 crores for Q1 FY26, a 19% year-on-year increase. Net profit grew 3.2% YoY to Rs. 6.50 crores. The fastener business showed 64% sequential growth. The company's order book stands at Rs. 70.00 crores. A new Chennai facility began commercial production in July 2025, focusing on high-tensile fasteners. Management projects 20-25% growth for FY26 with target EBITDA margins of 17-19%.
05Aug 25
Gala Precision Engineering Reports Decline in Q1 Financial Performance
Gala Precision Engineering's Q1 FY2025 results show significant declines across key financial metrics. Net profit fell 34% to ₹66.00 crore, revenue decreased 16.20% to ₹631.00 crore, and EBITDA dropped 25% to ₹96.00 crore compared to Q1 FY2024. The EBITDA margin compressed by 176 basis points to 15.25%. The company's Board approved these unaudited financial results on August 5, 2025, with the meeting lasting from 15:30 to 16:35 IST. Gala Precision Engineering confirmed no deviations in the utilization of IPO proceeds and maintains listings on both BSE and NSE.