I G Petrochemicals Q2 Net Profit Surges to ₹9,039 Lakh

Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year Ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Dividend Declaration

Audit Opinion:

Unqualified review report issued by statutory auditors for both standalone and consolidated financial results.

Key Financial Highlights [Rs. in lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

• Revenue from Operations: ₹75,896.34 (vs ₹46,534.25 in Q2 FY26 - 63% increase YoY)
• Total Income: ₹76,966.89 (vs ₹47,160.82 in Q2 FY26)
• Net Profit: ₹9,039.49 (vs ₹142.00 in Q2 FY26 - massive improvement)
• EPS: ₹29.35 (vs ₹0.46 in Q2 FY26)

Half Year Ended September 30, 2026:

• Revenue from Operations: ₹1,37,676.30 (vs ₹93,538.88 in H1 FY26 - 47% increase)
• Total Income: ₹1,39,474.01 (vs ₹95,250.14 in H1 FY26)
• Net Profit: ₹16,136.51 (vs ₹(679.41) loss in H1 FY26 - significant turnaround)
• EPS: ₹52.39 (vs ₹(2.21) in H1 FY26)

Balance Sheet Position (Standalone as at September 30, 2026):

• Other Equity: ₹1,43,602.42 (increased from ₹1,28,970.46 as at March 31, 2026)
• Cash and Cash Equivalents: ₹136.59
• Total Debt: ₹22,308.57 (Non-current borrowings: ₹12,813.18 + Current borrowings: ₹9,495.39)

Consolidated Results:

Quarter Ended September 30, 2026:

• Revenue from Operations: ₹75,896.34
• Total Income: ₹76,900.69
• Net Profit: ₹8,500.67 (vs ₹(200.36) loss in Q2 FY26)
• EPS: ₹27.60 (vs ₹(0.65) in Q2 FY26)

Half Year Ended September 30, 2026:

• Revenue from Operations: ₹1,37,676.30
• Total Income: ₹1,39,341.78
• Net Profit: ₹15,144.75 (vs ₹(1,499.08) loss in H1 FY26)
• EPS: ₹49.17 (vs ₹(4.87) in H1 FY26)

Balance Sheet Position (Consolidated as at September 30, 2026):

• Other Equity: ₹1,44,067.32 (increased from ₹1,30,209.00 as at March 31, 2026)
• Cash and Cash Equivalents: ₹2,833.72
• Total Debt: ₹30,704.26 (Non-current borrowings: ₹12,813.18 + Current borrowings: ₹17,891.08)

Segment-wise Performance:

The Company is engaged in the manufacture and sale of organic chemicals and has only a single reportable segment.

Corporate Actions:

• Interim dividend declared @ 100% i.e. ₹10 per equity share of face value of ₹10 each for FY 2026-27
• Record date for payment: Friday, November 13, 2026
• Dividend amount: ₹10 per share

Other Significant Information:

• The company initiated liquidation process of IGPL Energy Limited during the previous year
• Consolidated results include subsidiaries: IGPL International Limited, IGPL Charitable Foundation, IGPL Energy Limited, and IG Biofuels Limited
• Four subsidiaries with total assets of ₹25,378.13 lakhs were not reviewed by their auditors and were certified by management