NeoGen Reports Strong Q2 FY27 Performance Amid India Expansion
1 report, 1 independent
Updated Sun 00:00
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What happened
NeoGen expanded its operations in India to supply battery materials, including electrolyte and lithium salts, to local manufacturers. For Q2 FY27, the company reported consolidated revenue of INR 37 crore, compared to INR 5.4 crore in Q2 FY26. Consolidated EBITDA reached INR 45 crore, marking a 51% increase year-over-year.
From equitybulls.com
Why it matters
The strong EBITDA performance was achieved despite facing a challenging macroeconomic backdrop, including feedstock cost inflation and supply chain friction. The scale-up and expansion in India are setting the foundation for future operating leverage for the company.
From equitybulls.com
Who's involved
- NeoGenInternational food safety company expanding operations in India and reporting financial results
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The entities involved
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NeoGen
international food safety company
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