Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Quarterly Financial Results under Regulation 33 of SEBI LODR
Audit Opinion:
Clean/Unmodified - Limited Review Report issued by Deloitte Haskins & Sells with no qualifications or modifications
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Revenue from Operations: ₹3,794.6 lakh (26.6% increase from ₹2,996.3 lakh in Q1 FY26)
Other Income: ₹98.3 lakh
Total Income: ₹3,892.9 lakh
Expenses Breakdown:
- Cost of materials consumed: ₹1,994.5 lakh
- Purchases of stock-in-trade: ₹60.8 lakh
- Changes in inventories: ₹125.1 lakh
- Employee benefits expense: ₹337.6 lakh
- Finance costs: ₹3.4 lakh
- Depreciation and amortization expense: ₹47.2 lakh
- Other expenses: ₹374.4 lakh
Total Expenses: ₹2,943.0 lakh
Profit before exceptional item and tax: ₹949.9 lakh
Exceptional item: None (compared to ₹147.8 lakh impact of labour codes in Q4 FY26)
Profit before tax: ₹949.9 lakh
Tax Expenses:
- Current tax: ₹247.1 lakh
- Deferred tax: ₹(1.8) lakh
- Total tax expenses: ₹245.3 lakh
Profit for the period: ₹704.6 lakh (19.5% increase from ₹589.8 lakh in Q1 FY26)
Other comprehensive income, net of tax: ₹0.5 lakh
Total comprehensive income: ₹705.1 lakh
Earnings per share (Face Value ₹10 each):
- Basic EPS: ₹22.32
- Diluted EPS: ₹22.32
Comparative Performance:
Quarter ended June 30, 2026 vs June 30, 2025:
- Revenue growth: 26.6% YoY
- Net profit growth: 19.5% YoY
- EPS increased from ₹18.68 to ₹22.32
Quarter ended June 30, 2026 vs March 31, 2026:
- Revenue growth: 20.3% QoQ
- Net profit growth: 8.7% QoQ
- EPS increased from ₹20.53 to ₹22.32
Balance Sheet Items:
Paid-up equity share capital: ₹315.7 lakh (Face Value ₹10 per share)
Other equity: Not specified in the results
Segment-wise Performance:
The Company operates in one segment: Air Solutions. No separate segment disclosures presented.
Corporate Actions:
Not Specified
Other Significant Information:
- No exceptional items during the quarter
- Previous quarter (March 31, 2026) included exceptional item of ₹147.8 lakh impact of labour codes
- Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited YTD figures
- Company website: https://www.irco.com/en-in/invest