What were Chemplast Sanmar's key financial results for the fiscal Q4 ended March 31?

Chemplast Sanmar reported a 9% year-over-year revenue increase to 12.5 billion Indian rupees ($132 million), a narrowed loss of 450 million rupees (down from 540 million rupees year-ago), and an EBITDA surge of more than fivefold to 1.9 billion rupees from 370 million rupees a year earlier.

Why did Chemplast Sanmar's PVC segment experience volatile pricing and margin pressure despite initial price gains?

Although the removal of China’s PVC export rebates initially pushed prices higher, the Middle East war disrupted vinyl chloride monomer (VCM) supply in Asia—sharply increasing VCM costs—and then low-priced carbide-based PVC imports from China flooded the Indian market, reversing earlier price gains and pressuring margins.

Chemplast Sanmar Revenue Rises as Loss Narrows

Jun 4, 2026

Chemplast Sanmar reported a 9% revenue increase and narrowed losses for Q4 FY24. Its PVC segment benefited from dealer restocking despite VCM price spikes due to Middle East tensions, while caustic soda faced oversupply pressures.

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Chemplast Sanmar Revenue Rises as Loss Narrows

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