Pearl Global Industries Q2 profit rises 25.5% YoY to ₹73.3 crore; announces ₹6 interim dividend

Pearl Global Industries Ltd reported a robust set of numbers for Q2 FY26, with consolidated net profit up 25.5% year-on-year to ₹73.3 crore, compared to ₹58.4 crore in the same period last year.

The company’s revenue grew 9.2% to ₹1,312.9 crore, while EBITDA rose 24.1% to ₹120.6 crore, improving margins to 9.2% from 8% YoY.

The board also declared a first interim dividend of ₹6 per share for FY26, payable within 30 days of declaration.

The company announced a total capex plan of ₹250 crore for FY26,

including ₹110 crore for capacity expansion in Bangladesh, ₹20 crore in India, ₹90 crore for sustainable laundry capacity, and ₹5 crore for solar power installation. Another ₹25 crore has been earmarked for efficiency improvement and replacement.

Commenting on the results, Pulkit Seth, Vice-Chairman, said the quarter’s growth was driven by “sustained momentum in Vietnam and Indonesia,” which achieved double-digit volume expansion. He added that the company’s diversified production hubs continue to validate its strategic foresight and help balance scale with agility.

Managing Director Pallab Banerjee noted that despite trade complexities and higher US tariffs on Indian exports, Pearl Global maintained strong profitability. He highlighted that the company’s dependence on the US market has reduced to 50% from 86% in FY21, as Pearl expands across Australia, Japan, the UK, and the EU.

With a diversified market base and disciplined execution, the company said it remains well-positioned for sustainable, long-term growth.

Shares of Pearl Global Industries Ltd ended marginally lower on Tuesday, November 11, by 0.21% at ₹1,408.00 on the NSE.