KSH International Limited (KSH International) reported unaudited standalone results for the third quarter and nine months of fiscal year 2026, recording the highest quarterly revenue and EBITDA in its 45-year history. The company attributed the performance to capacity additions, product mix and the commencement of sales from its new Supa facility. Revenue from operations for the nine months rose by 47 per cent to Rs 20,886.2 mn and third quarter revenue increased by 59 per cent to Rs 8,177.7 mn. Sales volumes were 20,555.9 t for the nine months and 7,404.4 t for the quarter, reflecting accelerated volume growth as new capacity came online. EBITDA for the nine months improved by 55 per cent to Rs 1,357.6 mn while quarterly EBITDA rose by 23 per cent to Rs 493.7 mn with EBITDA per tonne at Rs 66,044. Utilisation eased to over 70 per cent in the quarter as Supa became operational and an additional 2,400 t of annualised capacity brought total available capacity to 43,445 t. Revenue from specialised magnet winding wires rose by 48 per cent for the nine months and by 61 per cent in the quarter, while export revenue grew by 37 per cent. The company said higher value-added mixes supported improved unit economics. On the balance sheet, the company repaid Rs 2,259.77 mn of borrowings by quarter end, reducing the debt to equity ratio to 0.42x excluding IPO proceeds. Profit after tax for the quarter was Rs 233.3 mn and included an exceptional charge of Rs 16.2 mn and interest expense of Rs 27.2 mn related to the Supa expansion, with the related loan fully repaid in December 2025. Management indicated orders include supply for 37 HVDC transformers to be fulfilled over the next 12 to 24 months and that industry tailwinds underpin medium term demand.