Key Financial Results (Quarter Ended 30.09.2026)

  • Revenue from operations: ₹2,295.41 crore
  • Other income: ₹0.01 crore
  • Total income: ₹2,295.47 crore
  • Total expenses: ₹2,212.62 crore
  • Profit before tax: ₹82.80 crore
  • Tax expense: ₹21.60 crore (Current tax: ₹10.23 crore, Deferred tax: ₹11.37 crore)
  • Net profit: ₹61.20 crore
  • Earnings per share (Basic/Diluted): ₹9.13
  • Other comprehensive income: (₹0.06) crore
  • Total comprehensive income: ₹61.14 crore

Half Year Performance (April-September 2026)

  • Revenue from operations: ₹4,837.30 crore
  • Net profit: ₹120.79 crore
  • Earnings per share: ₹18.02

Segment-wise Performance (Quarter Ended 30.09.2026)

Revenue:

  • Potable Spirits: ₹1,919.09 crore
  • Bio-Fuel: ₹376.22 crore
  • Total: ₹2,295.41 crore

Segment Results (Profit before Interest and Tax):

  • Potable Spirits: ₹72.27 crore
  • Bio-Fuel: ₹31.69 crore
  • Total: ₹103.95 crore

Cash Flow Statement (Half Year Ended 30.09.2026)

  • Cash flow from operating activities: ₹185.85 crore
  • Cash flow from investing activities: (₹53.93) crore
  • Cash flow from financing activities: (₹132.08) crore
  • Net decrease in cash: (₹0.16) crore
  • Closing cash balance: ₹4.32 crore

Balance Sheet Position (As at 30.09.2026)

  • Total assets: ₹3,322.82 crore
  • Non-current assets: ₹2,744.57 crore (including Property, Plant & Equipment: ₹2,586.10 crore)
  • Current assets: ₹578.25 crore
  • Total equity: ₹1,329.04 crore
  • Paid-up equity share capital: ₹33.51 crore
  • Other equity: ₹1,295.53 crore
  • Total liabilities: ₹1,993.78 crore

Important Notes

1. The financial results have been reviewed by the Audit Committee and approved by the Board of Directors on 12th November, 2026, and limited reviewed by joint statutory auditors.

2. The National Company Law Tribunal (NCLT) approved the demerger of India Glycols Limited's spirits & biofuel undertaking to IGL Spirits Limited vide order dated 17th July, 2026, filed with ROC on 1st September, 2026. The appointed date for transfer was 1st April, 2026.

3. Comparative figures have been restated to give effect to the demerger scheme as per Ind AS 103 for business combinations under common control. The figures for comparative periods have not been audited/reviewed by the then Statutory Auditors.

4. The company is in the process of obtaining regulatory approvals for necessary licenses and maintaining accounting records post-demerger. Currently, business operations continue in the name of the demerged company, and accounting transactions are recorded in the demerged company's books, with relevant information extracted for these results.

5. The company does not have any subsidiary or associate company and is not required to prepare consolidated financial results.

Auditor's Review

The joint statutory auditors, S.R. Dinodia & Co. LLP and K N Gutgutia & Co., have conducted a limited review and confirmed that nothing has come to their attention causing them to believe that the statement contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.