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PG Electroplast drops as supplier flags LPG shortage amid West Asia conflict

09-Mar-26   14:37 Hrs IST
The company said that its gas supplier has informed it regarding a shortage of gas under its gas sale and purchase agreement. The said communication is due to the constraints faced by certain vessels arising from maritime navigation restrictions in light of the recent ongoing war in the Middle East region impacting the gas supply scenario, the availability of gas has become severely constrained.

The company said that it is currently assessing the situation with respect to any supply curtailment that may need to be imposed on its downstream customers. However, it is exploring alternative sources/supplies for unaffected production.

The company added that at this stage, the potential impact of the ongoing shortage situation cannot be quantified. It is closely monitoring developments.

PG Electroplast is one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.

The company's consolidated net profit jumped 56.7% to Rs 61.96 crore in Q3 FY26, compared with Rs 39.54 crore in Q3 FY25. Net sales climbed 45.9% YoY to Rs 1,412.13 crore in Q3 FY26.

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