HYDERABAD: Pokarna Ltd on Tuesday said its wholly-owned subsidiary Pokarna Engineered Stone Limited (PESL) will add another 810,000 square meters of production capacity at its Mekaguda facility in Telangana by the fourth quarter of its financial report. announced that it is making a strategic investment of 440 million rupees. 2025-2026.
Pokarna said in a regulatory filing with stock exchanges that the expansion is aimed at meeting the growing demand for high-grade quartz surfaces across the world, while increasing production capacity and operational efficiency.
The company said it intends to finance the investment with internal accruals and borrowings.
The new line, scheduled to be operational by March 2026, will enable PESL to meet rapidly increasing demand.
In response to demand for innovative products, we are introducing our third Bretonstone production line from Breton SpA in Italy.
Gautam Chand Jain, Chairman and Managing Director of PESL, said the investment reflects PESL's commitment to serving global markets with products that combine sustainability and superior craftsmanship. He said it will help him solidify his position on the stage.
The company also reported a 54% increase in profit after tax (PAT) to Rs 780 million for the second quarter ended September 2024, while total revenue for the quarter rose 22% to Rs 451 million. announced.
