Tilaknagar Industries saw its shares jump over 8% in morning trade following the announcement of robust Q1 FY26 results. The company reported a stellar 121.25% increase in net profit, reaching ₹88.5 crore compared to ₹40 crore in the same quarter last year.

Revenue from operations also showed impressive growth, rising 30.7% year-on-year to ₹409 crore from ₹313 crore. At the operating level, Tilaknagar’s EBITDA surged 89% to ₹94.5 crore, up from ₹50 crore in Q1 FY25. The EBITDA margin expanded by 700 basis points, hitting 23.1% compared to 16% in the previous year’s quarter.

To support its growth, the company’s board approved a ₹25 crore capital expenditure for its wholly-owned subsidiary, Prag Distillery (P) Ltd. This investment aims to boost Prag’s bottling capacity from around six lakh cases per annum to 36 lakh cases per annum—a sixfold increase—addressing nearly full utilization of the current capacity.

The capacity expansion project is expected to be completed within the next 12 months. The funding will come through financial assistance from Tilaknagar to Prag Distillery, targeting increased demand in Andhra Pradesh.

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TOPICS: Tilaknagar Industries