Romania subsidiary losses persist
Romania continues to report negative EBITDA due to inflationary pressures and slow demand recovery in Europe.
HARSHAENGINEERSINTERNATI / Q4-FY26 / risks
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Harsha Engineers International · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Input cost inflation from Middle East crisis
Rising costs of oils, lubricants, and plastic cage materials due to geopolitical tensions may pressure margins.
Slow recovery in European wind energy market
Wind energy sector in Europe has not picked up, impacting Romania's primary market focus.
High depreciation and interest at Advantage subsidiary
Advantage reported a combined loss of ₹11.4 Cr due to higher depreciation and interest despite positive EBITDA.