Hardwyn India Achieves 17% Profit Growth in FY26, Projects Ambitious Future Targets
Hardwyn India Ltd reported a significant 17.58% growth in net profit for FY26, totaling Rs 13.2 crore. The company plans aggressive future expansion, targeting Rs 1,000 crore in revenue by FY32 and sees opportunity in underpenetrated Tier-II and Tier-III cities and international markets.
- Country:
- India
Hardwyn India Ltd, a provider of architectural hardware solutions, announced a 17.58% increase in net profit, reaching Rs 13.2 crore in fiscal year 2026 compared to the previous year.
The company's revenues rose to Rs 200.41 crore, up from Rs 185.37 crore a year earlier, indicating a consistent growth trajectory. Managing Director Rubaljeet Singh Sayal outlined ambitious future goals, aiming for over Rs 1,000 crore in revenue by FY32, driven by a compound annual growth rate of 30-35%. The firm is eyeing growth in underpenetrated Tier-II and Tier-III cities, and is expanding exports to markets in South Asia, the Middle East, and Africa.
ALSO READ
-
Zara India Sees Profit Drop by 32% in FY26 Amid Revenue Decline
-
Infosys CEO Salil Parekh's Pay Rises Slightly to Rs 82.6 Crore in FY26
-
RBI's Forex Income Surges to Rs 1.69 Lakh Crore in FY26
-
Decline in Retail CBDC Circulation Observed for FY26 Despite RBI's Initiatives
-
Shalibhadra Finance Sees 15.5% Profit Growth in Q4
Google News