PG Electroplast Profits Plummet Amid Supply Chain Disruptions and Sluggish AC Demand

PG Electroplast Profits Plummet Amid Supply Chain Disruptions and Sluggish AC Demand

PG Electroplast Ltd, a leading Indian electronics manufacturing services provider, reported a 55% slump in quarterly profit as a combination of tepid room air conditioner (AC) sales and geopolitical tensions in West Asia severely constrained its operations. The Noida-based company revealed that these combined headwinds resulted in a revenue shortfall of approximately ₹420 crore during…

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