Latest news with #PCBL
The Print
a day ago
- Business
- The Print
PCBL arm Nanovace Tech secures US patent for next-gen energy storage nanomaterials
'This validates our technological innovation and opens new opportunities for partnerships, licensing and potential commercialisation in global markets,' the company said. The patent marks a significant milestone in the company's R&D efforts, bolstering its intellectual property portfolio in the energy storage space, according to a regulatory filing. Kolkata, Jul 21 (PTI) Nanovace Technologies Ltd, a subsidiary of PCBL Chemical Ltd, on Monday said it has secured a patent from the US for its proprietary method of developing nanomaterials targeted at next-generation energy storage technologies. Nanovace is currently constructing a pilot plant at PCBL's Palej site in Gujarat, expected to be ready by the third quarter of FY'26, to demonstrate the industrial scalability of the patented technology. PCBL Chemical holds a 51 per cent stake in Nanovace Technologies, while the remaining 49 per cent is owned by Kindia Private Ltd. The joint venture focuses on developing nanosilicon materials for use in lithium-ion battery anodes. PCBL, in the past, said it was planning to invest USD 44 million in Nanovace, aimed at acquiring intellectual property, establishing the pilot plant, and subsequently setting up a commercial-scale manufacturing facility. PTI BSM BDC This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Business Upturn
29-04-2025
- Business
- Business Upturn
PCBL Chemical Q4 results: Net profit slips 10.1% YoY to Rs 100 crore, Margin narrows to 14.3%
By Aditya Bhagchandani Published on April 29, 2025, 14:09 IST PCBL Chemical Limited (formerly PCBL Limited) reported its financial results for the quarter ended March 31, 2025, showing a decline in profitability despite higher revenue. The company's consolidated net profit fell 10.1% year-on-year (YoY) to Rs 100.19 crore, compared to Rs 111.3 crore in the same quarter last year. Revenue from operations rose 8.2% YoY to Rs 2,087.5 crore during the quarter, up from Rs 1,928.8 crore in Q4 FY24. However, the company witnessed a drop in operating profitability, with EBITDA slipping 4.1% to Rs 297.8 crore as against Rs 310.4 crore a year ago. EBITDA margin also contracted to 14.3% from 16% in the corresponding period. Total expenses rose to Rs 1,981.13 crore in Q4 FY25, compared to Rs 1,802.65 crore in Q4 FY24, driven by higher raw material costs and employee expenses. Finance costs also increased to Rs 103.16 crore from Rs 108.19 crore a year ago. On a full-year basis, PCBL reported a net profit of Rs 434.67 crore for FY25, compared to Rs 491.11 crore in FY24, indicating a 11.5% decline. Revenue for the year stood at Rs 8,404.25 crore, up 30.9% from Rs 6,419.77 crore in FY24. The company noted that it continued to face input cost pressures and margin challenges during the quarter. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
