Borosil Q4 profit slips 5%; board approves ₹250 crore fundraise plan

Borosil said on Tuesday, May 19 that it has reported a 5% year-on-year decline in net profit to ₹10.6 crore for the fourth quarter, compared with ₹11.1 crore in the corresponding period last year.

The company's revenue rose 5.2% to ₹284.1 crore from ₹270.2 crore a year ago.

As per exchange fillings, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) fell 18.7% year-on-year to ₹30.2 crore against ₹37.1 crore in the year-ago quarter, while EBITDA margin narrowed to 10.6% from 13.8%.

The company also said it will seek shareholders’ approval for raising up to ₹250 crore through various modes, including further public offer, American Depository Receipts, Global Depository Receipts, Foreign Currency Convertible Bonds, debt issuance, Qualified Institutional Placement, or a combination of permitted methods, subject to regulatory approvals.

Earlier, on Wednesday, March 11, the firm had informed that production at its borosilicate glass furnace in Jaipur has been temporarily suspended, and operations at its opal glass furnaces have been scaled down after Oil Marketing Companies (OMCs) restricted LPG supplies, citing a force majeure situation.

The company had said that it received a communication from OMCs informing it of supply curbs due to disruptions in global fuel supply triggered by the ongoing conflict in West Asia.

Ahead of the announcements of the results, shares of Borosil closed at ₹234.50, up ₹15.76 or 7.20%, on May 19, 2026.

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