Finolex Industries reported Q1 FY27 revenue down 15% to ₹ 884 Cr, primarily due to a 27% drop in sales volume to 67,699 MT, impacted by weak demand and PVC price volatility.

Despite lower sales, operating performance improved significantly.

EBITDA increased to ₹ 109 Cr (12% margin) from ₹ 94 Cr (9%) last year, and PBT rose to ₹ 148 Cr from ₹ 126 Cr.

The company maintains strong liquidity with ₹ 2636 Cr in free cash.

Strategically, the company emphasized brand building and market reach, undertaking a pan-India print campaign, sponsoring Vinyl India, and launching a digital short film with millions of views.

Retailer engagement initiatives reached over 34,000 partners, generating viral content.

Management highlighted the improved operating performance and robust liquidity.

No specific forward-looking outlook on demand or capex was provided in the presentation.