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Business
Gujarat Raffia Industries posts higher margins as Q2 FY27 revenue falls
✍️ MarketsMojo
🗓 14 Nov 2026, 03:32 AM
👁 25
The company reported a notable rise in profit margins for the second quarter of FY27, even as its revenue slipped, prompting analyst caution.
Gujarat Raffia Industries, a prominent manufacturer of raffia and related products, disclosed its financial results for the second quarter of fiscal year 2027. The statement showed a clear improvement in operating margins compared with the same quarter a year earlier.
At the same time, the firm’s total revenue for the quarter registered a decline, indicating softer demand in some of its core markets. The drop was noted against both the previous quarter and the prior year’s figures.
Market analysts pointed out that the margin expansion reflects effective cost‑control measures, but the falling top line raises questions about the sustainability of growth. They cautioned that continued revenue weakness could affect future profitability.
Management said it is reviewing its product portfolio and looking to enter new geographic segments to revive sales, though no detailed guidance was offered at this stage.
At the same time, the firm’s total revenue for the quarter registered a decline, indicating softer demand in some of its core markets. The drop was noted against both the previous quarter and the prior year’s figures.
Market analysts pointed out that the margin expansion reflects effective cost‑control measures, but the falling top line raises questions about the sustainability of growth. They cautioned that continued revenue weakness could affect future profitability.
Management said it is reviewing its product portfolio and looking to enter new geographic segments to revive sales, though no detailed guidance was offered at this stage.