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18-Oct-2025

PCBL Chemical

Performance impacted by U.S. tariffs


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PCBL chemical held a conference call on 17 October 2025 to discuss the results for the quarter ended September 2024 and way forward. Mr. Kaushik Roy- Managing Director, Mr. Raj Gupta- CFO, Mr. Anand Kumar, Group Head Investor Relations and Mr. Pankaj Kedia, ED, Investor Relations of the company addressed the call.

Highlights of the Concall

  • During Q2 FY26, PCBL Chemical faced multiple external challenges, including the impact of new U.S. tariffs, GST-related changes in India, and softer global demand conditions. The company reported a temporary slowdown in volume uptake in exports to the U.S. due to tariff-related disruptions. Domestically, while sales volumes increased, a higher proportion of spot market transactions led to pricing pressure. The deferment of some auto purchases following GST rate adjustments also affected demand indirectly. The company mentioned that import volumes remain stable at around 8,000–10,000 tonne per month, modest compared t...



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