Q1 FY 2027 saw higher revenues but sharply lower profits due to geopolitical disruptions and weak domestic demand. Capacity utilization remained at 60–65%, with margins under pressure and recovery expected in H2. Middle East expansion projects are progressing, with no new domestic capacity planned…
Q1 FY 2027 saw higher revenues but sharply lower profits due to geopolitical disruptions and weak domestic demand. Capacity utilization remained at 60–65%, with margins under pressure and recovery expected in H2. Middle East expansion projects are progressing, with no new domestic capacity planned.
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