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02 Apr 2026 00:04 Sensex 73,319.55 185.23 (0.25%) || Nifty 22,713.10 33.70 (0.15%) 00
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25 Mar 2026 17:27
PG Electroplast ends higher as deployment of LPG alternatives help normalize room AC production
PG Electroplast advanced 3% to end at Rs 517.25 after the company announced that it has managed to identify and install at its production facilities alternative solution to LPG and post which the current Room AC production is almost normalized.

Earlier this month, the company had informed that its room AC production was temporarily impacted due to constraints in LPG supply arising from geopolitical disruptions in the Middle East. The disruption was linked to supply restrictions from gas vendors amid ongoing regional instability.

The company further said that it was constantly assessing the situation with respect to the above and was exploring the alternative energy sources for production.

To ensure continued production/supplies to its customers, PGEL was able to identify and install at its production facilities alternative solution to LPG and post which the current Room AC production is almost normalized.

"With this current solution, the company has been able to address the LPG challenges to large extent for the time being," PGEL said in a statement.

PG Electroplast is one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.

The company’s consolidated net profit jumped 56.7% to Rs 61.96 crore in Q3 FY26, compared with Rs 39.54 crore in Q3 FY25. Net sales climbed 45.9% YoY to Rs 1,412.13 crore in Q3 FY26.

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