Rajratan Global Wire Shifts Focus to Volume Growth in FY26 Amidst Margin Pressure

Earnings
C
CNBC TV18•22-01-2026, 17:01
Rajratan Global Wire Shifts Focus to Volume Growth in FY26 Amidst Margin Pressure
- •Rajratan Global Wire aims for volume-led growth in FY26, with margins expected to stabilize around 13-14% due to competitive pressures.
- •Managing Director and CEO Sunil Chordia stated the company is prioritizing market share protection and regaining through increased volume.
- •The Chennai plant's capacity is being expanded from 30,000 to 60,000 tonnes, with a target production of 35,000 tonnes next year.
- •International operations, particularly in Thailand, are showing strong growth, supported by sales in the US, Europe, and Southeast Asia.
- •Demand from the tyre sector remains steady, with the industry projected to grow by 12% this year, aided by lower GST rates.
Why It Matters: Rajratan Global Wire is strategically pursuing volume growth and capacity expansion to counter competitive margin pressures.
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