Coimbatore-based Pricol Ltd, manufacturer of automotive components, reported a 34 per cent increase in consolidated net profit at ₹67 crore for the first quarter ended June 30, 2026 against ₹50 crore for the corresponding quarter last year.
Revenue increased by 23 per cent to ₹1,084 crore in Q1’27 as against ₹878 crore in the same quarter last year.
Vikram Mohan, Chairman & Managing Director, in a release said: “while the company continued to deliver positive growth, profitability remained under pressure during the period. The increase in raw material prices, inventory holding costs and freight expenses, together with the depreciation of the Indian rupee, adversely impacted margins. Although we have initiated cost optimisation, productivity and pricing interventions, only a portion of these additional costs is recoverable from our customers typically with a lag of three to six months. Consequently, these pressures are expected to continue to weigh on near-term profitability.”
The broader operating environment also remains volatile, given ongoing geopolitical developments and disruptions across global trade and supply chains, he said. “We remain focused on maintaining business continuity, exercising cost discipline and improving operational efficiency, while continuing to invest strategically in innovation, manufacturing capabilities and customer engagement,” he added.
Published on July 30, 2026
