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Kabra Extrusion Bags Rs 133 Cr Energy Storage Deal
28 Feb
Summary
- Kabra Extrusiontechnik secured a Rs 133 crore order for energy storage solutions.
- The contract is for contract manufacturing and execution is set for FY 2026-27.
- The company reported a net loss of Rs 4.98 crore in Q3 FY26.
Kabra Extrusiontechnik has announced a substantial order valued at approximately Rs 133 crore, secured from a domestic customer for energy storage solutions. This contract focuses on manufacturing services and is slated for completion during the 2026-27 fiscal year.
The company, part of the Kolsite group and a manufacturer of plastic extrusion machinery, reported a consolidated net loss of Rs 4.98 crore for the third quarter of FY26. This contrasts with a net profit of Rs 7.04 crore recorded in the corresponding quarter of the previous fiscal year.
Further financial details indicate a year-on-year decline in net sales by 8.9%, totaling Rs 110.34 crore in Q3 FY26. The specifics of the customer for the new energy storage order remain confidential due to commercial sensitivity and contractual obligations. Kabra Extrusiontechnik's shares experienced a modest increase on Friday, closing at Rs 256 on the BSE.
