Financial Performance Highlights

Q2 FY27 Consolidated Results (YoY Comparison):

  • Total Income: ₹1,344.0 crore vs ₹1,222.4 crore in Q2 FY26 (10.0% growth)
  • EBITDA: ₹117.7 crore vs ₹80.4 crore in Q2 FY26 (46.4% growth)
  • EBITDA Margin: 8.8% vs 6.6% in Q2 FY26
  • EBIT: ₹102.9 crore vs ₹58.1 crore in Q2 FY26 (77.0% growth)
  • PAT: ₹74.1 crore vs ₹24.6 crore in Q2 FY26 (201.8% growth)
  • PAT Margin: 5.5% vs 2.0% in Q2 FY26

Q2 FY27 Consolidated Results (QoQ Comparison):

  • Total Income: ₹1,344.0 crore vs ₹940.2 crore in Q1 FY27 (43.0% growth)
  • EBITDA: ₹117.7 crore vs ₹108.0 crore in Q1 FY27 (8.9% growth)
  • EBIT: ₹102.9 crore vs ₹93.1 crore in Q1 FY27 (10.4% growth)
  • PAT: ₹74.1 crore vs ₹63.7 crore in Q1 FY27 (16.2% growth)

H1 FY27 Consolidated Results (YoY Comparison):

  • Total Income: ₹2,284.2 crore vs ₹2,530.9 crore in H1 FY26 (-9.7% decline)
  • EBITDA: ₹225.7 crore vs ₹180.7 crore in H1 FY26 (24.9% growth)
  • EBITDA Margin: 9.9% vs 7.1% in H1 FY26
  • EBIT: ₹196.0 crore vs ₹139.9 crore in H1 FY26 (40.1% growth)
  • PAT: ₹137.8 crore vs ₹77.3 crore in H1 FY26 (78.3% growth)
  • PAT Margin: 6.0% vs 3.1% in H1 FY26

Management Commentary

Mr. Om Prakash Lohia, Chairman & Managing Director, stated that the company delivered strong performance despite challenging operating environment. Geopolitical developments in the Middle East led to increased crude oil prices, resulting in higher raw material costs and continued volatility across the polyester value chain.

Growth Strategy and Capital Expenditure

The company plans to invest approximately ₹200 crore over the next 12-18 months to diversify into specialty fibre and filament products. This investment is expected to broaden the product portfolio, increase participation in value-added segments, and support sustainable growth over the medium term.

Business Overview

Indo Rama Synthetics is an integrated polyester manufacturer with:

  • 6.72 lakh TPA of polyester production capacity
  • 2.52 lakh TPA of PET resin capacity
  • 1.75 lakh TPA of DTY capacity
  • Manufacturing facility at Butibori, Nagpur
  • 71.08 MW of captive power generation capacity
  • Products reach customers across 19 states/UTs in India and 28 countries globally