Indo Rama Synthetics (India) Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended 31st March 2026. The company reported a robust financial performance for the final quarter, highlighted by a significant expansion in operational profitability, with net profit rising by 25.4% year-on-year to ₹64.1 crore, despite relatively stagnant revenue growth of 0.16% at ₹1,200 crore. The EBITDA surged by 107% to ₹160 crore, with margins expanding from 6.42% to 13.39%.
| Financial Metric | Quarter Ended 31st March 2026 | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|
| Revenue | ₹1,200 crore | +10.95% | +0.16% |
| Net Profit | ₹64.1 crore | +487.27% | +25.4% |
Note: QoQ analysis compares the March 2026 quarter to the December 2025 quarter (Revenue: ₹1,081.6 crore, Net Profit: ₹10.9 crore).
Indo Rama Synthetics (India) Ltd. (IRSL) is a prominent manufacturer in the Indian polyester industry and a key subsidiary of Indorama Ventures Public Company Limited (IVL). Headquartered in Gurugram, Haryana, with its registered office and a large-scale integrated manufacturing complex in Butibori, Nagpur, Maharashtra, the company specializes in the production of polyester products including Polyester Staple Fibre (PSF), Filament Yarn (PFY), and Polyester Chips. The company serves diverse sectors such as apparel, sportswear, home furnishings, automotive, hygiene, and non-woven textiles. In its board meeting held on 25th May 2026, the company also approved the appointment of M/s Deloitte Haskins & Sells LLP as Internal Auditors and the re-appointment of Mr. R. Krishnan as Cost Auditor for the financial year 2026-27, while noting that it is unable to declare a dividend for the financial year 2025-26.
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