During the quarter, profit before tax was Rs 30.47 crore, up 17.78% compared to the Rs 25.87 crore reported in the same quarter last year.
Total expenses rose 22.59% to Rs 315.60 crore in Q2 FY26, compared to Rs 257.44 crore in Q2 FY25. The cost of material consumed was at Rs 20.44 crore (down 6.2% YoY), employee benefit expenses stood at Rs 30.09 crore (up 17.36% YoY), while finance cost stood at Rs 1.48 crore (down 62.15% YoY) during the period under review.
Meanwhile, the board approved a Rs 65 crore expansion project in Rajasthan under the ‘Make in India’ initiative, involving the setup of a manufacturing unit with three double-wall lines for vacuum-insulated stainless-steel products. The facility, to be developed through wholly owned subsidiary Stylenest India, will have an annual production capacity of 3.6 million units.
Borosil is a supplier of laboratory glassware, microwaveable kitchenware, and opal ware in India.
The scrip rose 0.01% to settle at Rs 338 on the BSE.
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