Employee cost to stabilize at ~10% of standalone revenue
Management expects employee cost as a percentage of revenue to normalize to around 10% in coming quarters, down from elevated levels in Q3.
IFGL Refractories · forward-looking guidance across the available source record.
Guidance tracker
Management expects employee cost as a percentage of revenue to normalize to around 10% in coming quarters, down from elevated levels in Q3.
Management reiterated that standalone EBITDA margin will not fall below double digits, with a minimum of 12%.
The greenfield project at Kudla is progressing as planned with a total capex of approximately ₹325 crore, targeted for completion by end of FY28.
Management expects the UK operations to move towards breakeven over the next financial year, assuming stable macro conditions.