Borosil Achieves 17% Revenue Growth In Q2 FY25, Reaches Rs 273 Cr

Borosil has released its financial results for the second quarter of FY25, reporting a strong revenue growth of 17 per cent year-on-year (YoY), with revenue reaching Rs 273.89 crore compared to Rs 234.87 crore in the same period last year. The quarter-over-quarter (QoQ) growth was equally significant, with revenue increasing by 26.3 per cent from Rs 216.81 crore in Q1 FY25. These results underscore Borosil’s continued momentum and solid standing in the consumer goods and glassware market.

Revenue growth, Borosil’s Q2 FY25 net profit reached Rs 18.31 crore. Although this reflects a slight decline of 1.2 per cent from Rs 18.53 crore in Q2 FY24 due to increased ad spends ahead of the festive season and budgetary tax impact, it represents an impressive 97.1 per cent increase quarter-over-quarter from Rs 9.29 crore in Q1 FY25. This improvement highlights Borosil's effective cost management and focus on operational efficiency, reinforcing its resilience in the face of competitive pressures within the market.

Shreevar Kheruka, managing director of Borosil says, "During Q2 FY25, we reported strong revenue growth, which reflects the strength and stability of our business. Even with market challenges, we’ve managed to maintain steady profits by focusing on innovation, cost control, and customer satisfaction. The company has made significant progress with this new focus while also enhancing our capabilities to improve efficiencies and reduce costs. I am pleased with the sustained growth we've achieved and am excited to continue leading these efforts toward even greater success in this financial year. "

Looking ahead, Borosil is focused on sustaining its growth trajectory in FY25. The company plans to continue expanding its market share in the goods and glassware sectors while further strengthening its position in emerging markets. According to the sales report earlier this year,  Larah Opalware by Borosil, emerged as India’s number-one brand in the opalware segment.