Epack Durable reports a 33.8% rise in operating revenue for Q1, driven by strong demand in air-conditioners and appliances, amid profit pressures from last year’s one-off PLI benefit, signalling a potential turnaround
Epack Durable reported a sharp rise in quarterly sales for the three months ended June 30, but profit remained under pressure because last year’s comparison included a one-off production-linked incentive benefit, according to a live results update published by The Hindu BusinessLine. The company said operating revenue rose to ₹886 crore, up 33.8% from a year earlier and 49.9% from the previous quarter, while EBITDA was ₹55 crore. Profit after tax came in at ₹11.8 crore, with diluted earnings per share at ₹1.23.
The company said the year-on-year profit comparison was distorted by the absence of accrued PLI income in the latest quarter. In the same period last year, Epack Durable had recognised ₹13.3 crore of PLI income, which lifted the base. Even so, the company’s operating metrics improved sequentially, with EBITDA more than doubling from the prior quarter and profit after tax rebounding strongly.
Growth was led by the room air-conditioner business, which the company said expanded 43.8% from a year earlier, while small domestic appliances and large domestic appliances grew 68.9%. Strong demand for air fryers helped the appliances segment, and the company said it continued to gain market share. The latest update adds to a mixed recent run for Epack Durable: analysis from ICICI Direct and Kotak Neo showed a difficult Q4 FY26, while The Company Check said full-year FY26 revenue and profit both declined, highlighting the scale of the turnaround the company is now trying to build on.
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