Indigo Paints reported strong Q1 FY27 standalone revenue of ₹350 Cr, up 18.7% YoY, driven by double-digit volume growth across all product categories.

Standalone EBITDA grew 42% to ₹61.9 Cr (17.7% margin), with PAT up 60.7% to ₹42.4 Cr (11.8% margin). Consolidated results showed similar robust performance.

Management sees demand momentum returning to near-normal and plans increased aggression in Q2 marketing to widen its top-line growth versus the industry.

The Jodhpur water-based plant is set for trial production in late August, completing the major capex cycle.

The company will also launch new higher-end wood coating products.

Leadership conveys a confident outlook for sustained growth and market share expansion.