Gulshan Polyols Proposes ₹250 Crore QIP And Private Placement

Ethanol Drives Profit Surge PAT at Rs 54 Cr in Q1 FY27 (standalone), +306.1% YoY. Revenue at Rs 640 Cr in Q1 FY27 (standalone), +7.9% YoY. EBITDA at Rs 90.6 Cr, +135.2% YoY. EBITDA margin at 14.2% vs 6.5%; no one-off disclosed, expansion appears operational. Ethanol segment drove growth, with segment result at Rs 75.0 Cr, +184.7% YoY; grain processing turned profitable at Rs 4.0 Cr vs loss of Rs 4.3 Cr. Board approved raising up to Rs 250 Cr through QIP or private placement. The limited review report was unmodified.