GSM Foils Reports 86% Revenue Growth in Q1 FY27; Sets ₹800 Cr Revenue Target for FY28
GSM Foils Limited delivered a robust financial performance in Q1 FY27, characterized by significant year-on-year growth in revenue and profitability. The company is currently executing a multi-pronged expansion strategy involving increased capacity utilization at its Ahmedabad plant, entry into the ROPP caps segment, and the establishment of a dedicated export unit.
GSM Foils Expands with Vasai Unit 4; Targets ₹15 Crore Peak Monthly Revenue for Exports
GSM Foils Limited is establishing its fourth manufacturing facility in Vasai, Maharashtra, through a machinery leasing agreement with AAPL Solutions Private Limited. The project, focused on international markets, aims to generate an initial monthly revenue of ₹5 crore, scaling to ₹15 crore at peak capacity by late 2026.