Standalone Financial Results (INR in Lacs)

Income:

  • Revenue from operations: ₹6,355.6 (Q1 FY27) vs ₹5,178.3 (Q1 FY26)
  • Other income: ₹132.4 (Q1 FY27) vs ₹195.2 (Q1 FY26)
  • Total income: ₹6,488.0 (Q1 FY27) vs ₹5,373.5 (Q1 FY26)

Expenses:

  • Cost of materials consumed: ₹3,733.2 (includes direct expenses on contracts of ₹285.6)
  • Purchase of stock-in-trade: ₹404.2
  • Employee benefits expense: ₹880.9
  • Finance costs: ₹82.1
  • Depreciation and amortization: ₹203.4
  • Other expenses: ₹1,035.8
  • Total expenses: ₹6,334.3

Profitability:

  • Profit before exceptional item and tax: ₹153.7 (Q1 FY27) vs ₹630.4 (Q1 FY26)
  • Exceptional item: Nil for the quarter (₹1,454 impact for FY26 due to Labour Codes)
  • Profit before tax: ₹153.7 (Q1 FY27) vs ₹630.4 (Q1 FY26)
  • Total tax expense: ₹39.7
  • Profit after tax: ₹114.0 (Q1 FY27) vs ₹468.8 (Q1 FY26)
  • Total comprehensive income: ₹112.5

Per Share Data (not annualized):

  • Basic EPS: ₹0.927 (Q1 FY27) vs ₹3.814 (Q1 FY26)
  • Diluted EPS: ₹0.927 (Q1 FY27) vs ₹3.814 (Q1 FY26)
  • Paid-up equity share capital: ₹14.67 crores (Face value ₹1 per share)

Consolidated Financial Results (INR in Lacs)

Income:

  • Revenue from operations: ₹7,004.6 (Q1 FY27)
  • Other income: ₹59.5 (Q1 FY27)
  • Total income: ₹7,064.1 (Q1 FY27) vs ₹6,009.3 (Q1 FY26)

Profitability:

  • Profit before exceptional item and tax: ₹69.9 (Q1 FY27) vs ₹654.6 (Q1 FY26)
  • Exceptional item: Nil for the quarter (₹1,689 impact for FY26 due to Labour Codes)
  • Profit before tax, before share of profit/(loss) of associates: ₹69.9
  • Share of profit/(loss) of associates (net of income tax): ₹4.1
  • Profit before tax: ₹74.0
  • Total tax expense: ₹43.4
  • Profit after tax: ₹30.6 (Q1 FY27) vs ₹484.4 (Q1 FY26)
  • Total comprehensive income: ₹34.2

Attribution:

  • Profit attributable to owners of the company: ₹41.1
  • Profit attributable to non-controlling interests: -₹10.5

Per Share Data (not annualized):

  • Basic EPS: ₹0.347 (Q1 FY27) vs ₹4.108 (Q1 FY26)
  • Diluted EPS: ₹0.347 (Q1 FY27) vs ₹4.108 (Q1 FY26)
  • Paid-up equity share capital: ₹14.23 crores

Segmental Performance (Consolidated, Q1 FY27)

The company realigned its segments effective April 1, 2026. The new structure and performance are:

  • Treatment Solutions: Revenue ₹2,098.8; Segment Result -₹173.5
  • Industrial Products: Revenue ₹1,051.3; Segment Result ₹124.8
  • Lifecycle Services: Revenue ₹715.5; Segment Result ₹71.3
  • Specialty Chemicals: Revenue ₹2,296.5; Segment Result ₹222.7
  • Consumer Products: Revenue ₹1,123.6; Segment Result -₹3.4
  • Net Sales/Income from Operations after inter-segment elimination: ₹7,004.6

Subsidiaries and Associates

The consolidated results include numerous subsidiaries and associates, including Ion Exchange Asia Pacific Pte Limited, Ion Exchange LLC, and others. The auditors, Deloitte Haskins & Sells LLP, issued a review report with an emphasis of matter concerning subsidiary Ion Exchange Enviro Farms Limited (IEEFL).

SEBI Matter - IEEFL

IEEFL has an ongoing matter with SEBI regarding a directive to refund investors. Key developments:

  • SEBI directed IEEFL to deposit ₹2,202 lacs (₹22.02 crores) on May 16, 2024.
  • IEEFL's request for reconsideration was rejected by SEBI on August 7, 2024.
  • IEEFL filed an appeal with SAT, which was heard on October 17, 2024.
  • SEBI counsel stated no recovery proceedings would be initiated until the next hearing.
  • The next hearing is scheduled for August 12, 2026.
  • IEEFL does not envisage any liability on this account.

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors on August 5, 2026. The results are available on the company's website at www.ionexchangeglobal.com.