Mumbai, Aug 11: Indo Borax and Chemicals Ltd, one of the leading manufacturers of boron-based chemicals in India, posted a 59.31 per cent surge in net profit on a consolidated basis at Rs 16.25 crore for the quarter ended June 30, 2026, as against Rs 10.20 crore same period last year on the back of a strong demand and improved operational efficiencies.
|
Consolidated Financial Highlights |
(In Rs. Crore) |
|||||
|
Particulars |
Q1 FY27 |
Q1 FY26 |
Growth (%) |
Q4 FY26 |
Growth (%) |
FY26 |
|
Operating Income |
70.36 |
53.57 |
31.34 |
63.01 |
11.66 |
215.45 |
|
EBITDA |
19.80 |
12.21 |
62.16 |
12.82 |
54.45 |
44.16 |
|
EBITDA Margin (%) |
28.1 |
22.8 |
20.4 |
20.5 |
||
|
PAT |
16.25 |
10.20 |
59.31 |
14.53 |
11.84 |
50.27 |
|
PAT Margin (%) |
22.3 |
18.0 |
21.5 |
21.8 |
||
|
EPS (Rs.) |
5.07 |
3.18 |
59.43 |
4.53 |
11.92 |
15.67 |
Operating income on a consolidated basis increased by 31.34 per cent to Rs 70.36 crore during the quarter under review, as compared with Rs 53.57 crore during the same period last year. EBITDA for the quarter was up at Rs 19.80 crore as compared with Rs 12.21 crore last year.
Q1FY27 also witnessed robust growth in margins at EBITDA and PAT levels. The company’s EBITDA margin increased by 530 basis points to 28.1%, and PAT margin increased by 430 basis points to 22.3% against Q1FY26.
Commenting on the company’s performance during the quarter, Mr. Suresh Kalra, Managing Director & CEO, Indo Borax, said, “The boron-based chemicals market in India has been witnessing a robust demand across a diverse range of applications including steel, glass, ceramics, agriculture, electronics and detergents among others. With our advanced manufacturing capabilities, we are well-positioned to meet demand. Our capacity utilisation has been extremely robust, and improved operational efficiency has strengthened our bottom line. We expect to sustain this growth momentum moving forward.”
The company has received approval from its Board for the amalgamation of its wholly owned subsidiary, Indo borax Infrastructure Private Ltd, with Indo Borax Chemicals. This will be subject to necessary approvals from NCLT and other regulatory authorities.
“The proposed amalgamation will help create greater efficiency due to pooling and more effective utilisation of the combined resources and will also create concentrated management focus besides streamlining governance and facilitating faster decision making,” Mr. Kalra said.