Inox India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Inox India Ltd reported a 22.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.7%.
• Its expenses for the quarter were up by 18.4% QoQ and 16.2% YoY.
• The net profit increased 38.7% QoQ and increased 16.1% YoY.
• The earnings per share (EPS) of Inox India Ltd stood at 6.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Inox India Ltd is a company that operates in the industrial sector, primarily focusing on the fabrication and supply of cryogenic equipment. The company is recognized for its specialization in manufacturing equipment used in the storage, transportation, and distribution of liquefied gases. This includes products such as cryogenic tanks, transport tanks, and other related equipment. Inox India Ltd serves a variety of markets, including industrial gas, oil and gas, and the liquefied natural gas (LNG) sectors. The company is part of the larger Inox Group, which has a diverse presence in sectors like industrial gases, engineering, and entertainment. No recent major developments are provided in the given data to further elaborate on the company's current strategic direction or innovations.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Inox India Ltd reported a total income of ₹352.29 crores. This marks a significant increase of 22.6% compared to the previous quarter (Q4FY25), where the total income stood at ₹287.32 crores. On a year-over-year basis, the total income grew by 16.7% from ₹301.78 crores in Q1FY25. These figures suggest a robust upward trend in the company's revenue generation over both the quarterly and annual periods. The substantial increase in total income could be attributed to enhanced operational efficiencies or increased demand for the company's products and services, although specific factors driving this growth are not detailed in the provided data.

Profitability

The profit before tax for Inox India Ltd in Q1FY26 was ₹80.51 crores, showing a notable quarter-over-quarter rise of 39.5% from ₹57.72 crores in Q4FY25. Year-over-year, the profit before tax also increased by 18.5% from ₹67.93 crores in Q1FY25. After accounting for taxes amounting to ₹19.39 crores, the profit after tax for the quarter was ₹61.12 crores. This represents a 38.7% increase from the previous quarter's profit after tax of ₹44.08 crores and a 16.1% rise from ₹52.64 crores in the same quarter of the previous year. The earnings per share (EPS) also reflected these profitability improvements, increasing to ₹6.70 in Q1FY26 from ₹4.80 in Q4FY25 and ₹5.80 in Q1FY25. These figures denote significant growth in profitability, translating into higher returns for shareholders.

Operating Metrics

Total expenses for Inox India Ltd in Q1FY26 amounted to ₹271.78 crores, marking an 18.4% increase from ₹229.60 crores in Q4FY25 and a 16.2% rise from ₹233.86 crores in Q1FY25. The increase in expenses aligns with the growth in total income, indicating potential expansion in operational activities or cost increases in production and distribution processes. Despite the rise in expenses, the company has managed to maintain a healthy profit margin, as evidenced by the substantial growth in both profit before and after tax. The tax expenses rose by 42.2% quarter-over-quarter and 26.8% year-over-year, standing at ₹19.39 crores in Q1FY26, which is reflective of the increased profitability and the resulting higher tax obligations. These operational metrics highlight the company's ability to manage costs effectively while scaling up its revenue and profitability.