Consumer Electronics company Eureka Forbes announced Q1FY26 results Revenue from operations grew 9.9% YoY to Rs 607.7 crore in a soft demand environment. Double-digit volume and value growth powers product portfolio; product business has now grown in double-digits for 7 successive quarters. Broad-based water purifier growth in both economy & premium segments. Vacuum cleaner performance led by 52% YoY growth in Robotics. Service business saw a turnaround with double-digit growth in service bookings, driven by volume & ASP. Robust Adj. EBITDA margin at 11.0% (11.5% in Q1FY25) despite continuing growth investments; operating leverage benefit of 183bps YoY, funded increase in service charge, and growth spends. Adj. PBT (before exceptional items and ESOP) increased 14.2% YoY to Rs 57.3 crore from Rs 50.2 crore in Q1FY25. Profit After Tax increased 24.1% YoY to Rs 38.5 crore from Rs 31.0 crore in Q1FY25. Pratik Pota, MD, and CEO, Eureka Forbes, said: “In an extremely challenging demand environment, we are proud of the solid, all-around performance delivered by EFL. Revenues grew by 9.9% on the back of double-digit growth in our product portfolio, in both volume and value. Profitability continued to improve, and Profit After Tax grew by 24.1%. Our Water Purifiers category saw strong growth in both the Economy and Premium segments. The horizontal deployment of Water Purifiers with 2-year filter life is a game-changer as it reduces lifetime ownership cost, we are confident that this will drive help penetration and growth. The Vacuum Cleaner category also saw strong growth driven by a surge in the sales of our Robotics portfolio. Our early conviction and bet on this category is now yielding strong results, and we believe that this segment will continue to scale in the future. One emerging bright spot last quarter was that our Service business turnaround picked up pace with a double-digit growth in service bookings. We have taken many initiatives in Service which are now beginning to bear results, and we are confident of sustaining this growth in the periods ahead. As we look forward to the third year of our transformation, we could not be more excited about what lies ahead. Our categories have low penetration and offer immense potential, and we are confident that we have the right strategy and set of plans to win in the market and deliver sustained and profitable growth in the future.” Result PDF