Maral Overseas Approves Rs 180 Crore Sarovar Plant Modernisation Till 2030

Yarn Powers Profit Comeback PAT at Rs 7.0 Cr in Q2 FY27 vs loss of Rs 2.8 Cr in Q2 FY26. Revenue at Rs 301 Cr in Q2 FY27, +20.7% YoY. EBITDA at Rs 25.1 Cr, +82.4% YoY. EBITDA margin at 8.3% vs 5.5%; employee costs declined 3.4% vs revenue growth of 20.7%. H1FY27 P&L includes Rs 6.1 Cr non-cash gains (unrealized FX gain and provision write-back) per CFS, ~107bps of revenue; adjusted H1 EBITDA margin ~7.3% vs reported 8.4%. Yarn result at Rs 13.2 Cr (+90.4% YoY) and fabric at Rs 5.5 Cr (+23.8% YoY) drove performance while garment loss narrowed to Rs 0.5 Cr vs loss of Rs 4.6 Cr. Board gave in-principle approval for capex of up to Rs 180 Cr till 2030 for modernisation and capacity enhancement at Sarovar plant including melange conversion and printing expansion, to be funded via bank finance and internal accruals. Revised investment for 26% stake in Asawata Energy 15MW solar SPV to Rs 3.64 Cr from Rs 2.60 lakh with long-term PPA to be executed. Statutory auditors issued unqualified limited