Pricol Limited, one of India’s leading auto component manufacturers, announced its results for the first quarter of financial year 2026-27.
Q1-FY27 Consolidated Financial Performance:
Q1-FY27 Business Highlights:
- Pricol received the “Best Localisation Through VA-VE” Award from Suzuki Motorcycle India at its Annual Supplier Conference, recognising the team’s focus on innovation, localisation and value engineering.
- Pricol has been honoured with the “Winner Award – Champions of ESG FY27” by Ashok Leyland of our steadfast commitment to Environmental, Social, and Governance (ESG) excellence.
Commenting on the Company’s performance, Vikram Mohan, Chairman & Managing Director, said, “While the Company continued to deliver positive growth, profitability remained under pressure during the period.
The increase in raw material prices, inventory holding costs and freight expenses, together with the depreciation of the Indian rupee, adversely impacted margins. Although we have initiated cost- optimisation, productivity and pricing interventions, only a portion of these additional costs is recoverable from our customers typically with a lag of three to six months.
Consequently, these pressures are expected to continue to weigh on near-term profitability. The broader operating environment also remains volatile, given ongoing geopolitical developments and disruptions across global trade and supply chains.
We remain focused on maintaining business continuity, exercising cost discipline and improving operational efficiency, while continuing to invest strategically in innovation, manufacturing capabilities and customer engagement.”
