The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 16% at ₹ 105 crore, compared to ₹90.6 crore reported in the first quarter of FY25. However, the company’s margins remained flat at 9.6% on a year-on-year basis.
In July, Gabriel India announced a scheme of arrangement for the amalgamation of Anchemco India Pvt. Ltd. into Asia Investments Pvt. Ltd. and the subsequent demerger of the automotive undertakings of the company.
Post the merger of Anchemco, which manufactures and sells automobile products like brake fluid, radiator coolants, business undertakings of Asia Investments Pvt. Ltd., comprising of Anchemco, along with investments in other entities like Dana Anand, Henkel Anand and ACYM will be demerged and later merged into Gabriel India.
First Published: Jul 29, 2025 2:08 PM IS