Inox India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Inox India Ltd reported a 4.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.3%.
• Its expenses for the quarter were up by 6.7% QoQ and 15.3% YoY.
• The net profit decreased 0.5% QoQ and increased 22.9% YoY.
• The earnings per share (EPS) of Inox India Ltd stood at 6.68 during Q2 FY 2025-26.

Financial Statments for Q2 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 leading company operating in the industrial manufacturing sector, focusing primarily on the production of cryogenic equipment and solutions. The company specializes in the design and manufacturing of cryogenic storage and transportation tanks, which are integral components for industries such as oil and gas, chemicals, and food processing. Inox India Ltd has established itself as a key player in the market due to its innovative approach and commitment to quality. The company is headquartered in India and is known for its robust engineering capabilities and extensive experience in handling complex projects. Recent developments in the company have not been explicitly provided, but the company continues to leverage its expertise to expand its market presence.

Revenue

In the second quarter of FY26, Inox India Ltd reported a total income of ₹369.07 crores, reflecting a quarter-over-quarter (QoQ) growth of 4.8% from ₹352.29 crores in Q1FY26. This growth also represents a year-over-year (YoY) increase of 15.3% compared to ₹320.00 crores in Q2FY25. The consistent increase in total income over the quarters and years indicates a positive trajectory in revenue generation. The company has managed to achieve this growth amidst varying market conditions, implying a resilient revenue stream driven by its product offerings and market demand.

Profitability

In the realm of profitability, Inox India Ltd's profit before tax (PBT) for Q2FY26 stood at ₹81.19 crores, marking a slight QoQ increase of 0.8% from ₹80.51 crores in Q1FY26 and a significant YoY rise of 18.4% from ₹68.60 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 was ₹60.84 crores, which represents a QoQ decrease of 0.5% from ₹61.12 crores in the previous quarter but a notable YoY growth of 22.9% from ₹49.49 crores in the same quarter last year. These figures demonstrate the company's ability to maintain profitability despite a minor decrease in quarterly earnings. The earnings per share (EPS) for Q2FY26 is ₹6.68, slightly down by 0.4% from the previous quarter but up by 22.8% from the previous year, showcasing an overall positive trend in shareholder value.

Operating Metrics

The total expenses for Inox India Ltd in Q2FY26 amounted to ₹289.88 crores, reflecting a QoQ increase of 6.7% from ₹271.78 crores in Q1FY26 and a YoY rise of 15.3% from ₹251.41 crores in Q2FY25. The tax expense for the quarter was ₹20.35 crores, a 5.0% increase from the previous quarter's ₹19.39 crores, and a 6.5% increase from the previous year's ₹19.11 crores. These metrics indicate an upward trend in operating costs, which aligns with the company's growth in revenue and profitability. The financial data suggests effective management of expenses relative to income growth, ensuring the company's continued operational efficiency.