Gabriel India Board Approves ₹2,231 Crore HL Mando Stake Purchase

Revenue Up, Margins Slip PAT at Rs 107 Cr in Q1 FY27, +2.0% YoY. Revenue at Rs 1,426 Cr in Q1 FY27, +13.6% YoY. EBITDA at Rs 172 Cr, +6.3% YoY. EBITDA margin at 12.0% vs 12.9%. Board approved acquisition of 28.99% stake in HL Mando Anand India for ~Rs 2,231 Cr (cash + preferential equity issue to promoter); also approved HL Klemove India JV investment.