Order backlog surges to ₹2,205 crore, up 27%

In the third quarter of fiscal year 2026, the company experienced a notable improvement in its financial performance. Order intake saw a year-on-year increase of 20%, reaching ₹961 crore. This strong performance contributed to a total order backlog of ₹2,205 crore, which represents a significant 27% year-on-year rise.

Over the first nine months of FY26, the company achieved an 8% growth in revenue and a 14% increase in EBITDA. Managing Director Tarak Patel highlighted that despite a challenging global business environment, the company continues to build its order backlog. As part of optimizing its global manufacturing operations, a workforce reduction was implemented at Pfaudler GmbH in Waghäusel, Germany, with the associated costs recognized in the current quarter's financial results.