01-08-2025
Pricol reports 45.57 per cent rise in Q1 revenue to ₹877.66 crore
Pricol Limited
,
automotive technology firm
, reported consolidated revenue from operations of ₹877.66 crore for the first quarter of FY26, marking a 45.57 per cent year-on-year increase compared to the same period last year. The company also reported EBITDA of ₹101.86 crore for the quarter, representing a 26.30 per cent rise year-on-year. Profit after tax (PAT) for the quarter stood at ₹49.89 crore, a growth of 9.51 per cent.
Operational and partnership developments
The company has signed a
technology licensing agreement
with Italy-based DOMINO SRL to expand its handlebar control technologies portfolio for two-wheelers across India and Southeast Asia. This includes components such as throttles, switches, and related systems.
In terms of industry recognition, Pricol received a 'Special Support in Supply Chain' award from
Suzuki Motorcycle India Limited
at its Annual Vendor Conference 2025. This marks the fourth consecutive year the company has been recognised as a top supplier by Suzuki. Additionally, Pricol Precision Products Private Limited was awarded 'Excellence in Business Competitiveness' by Ather Energy and received a 'Supplier Excellence Recognition' award from Mann + Hummel.
Vikram Mohan, Managing Director, stated, 'We have made meaningful progress this quarter by staying focused on our core strengths: operational excellence, technology integration, and market-driven solutions. We are closely monitoring the demand across key segments considering the external dynamics due to rare earth magnet shortage and we remain confident in our ability to sustain and build on this momentum. We are also excited about recent technology partnerships which will be an additional growth driver for the company.'
