I G Petrochemicals delivered a remarkable financial turnaround in the June 2026 quarter, posting a consolidated net profit of ₹66.44 crore compared to a net loss of ₹12.99 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this represents a complete reversal of the company's financial performance, demonstrating significant operational improvements during the quarter.
The company's revenue performance showed robust growth with sales rising 31.43% to ₹617.80 crore in Q1 FY27, as compared to ₹470.05 crore recorded in the same quarter of the previous fiscal year. As reported by Business Standard, this substantial revenue increase contributed significantly to the company's improved profitability metrics during the quarter.
The company's operational metrics showed marked improvement with operating profit margin (OPM) reaching 18.16% in the June 2026 quarter, a significant turnaround from the -0.15% OPM recorded in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this operational efficiency improvement contributed to the overall profitability enhancement during the quarter.
The company's profit before tax (PBT) stood at ₹90.39 crore in Q1 FY27, marking a substantial improvement from the loss of ₹15.59 crore reported in the corresponding quarter of the previous year. As reported by Business Standard, this significant turnaround in PBT performance reflects the company's enhanced operational efficiency and improved financial management during the quarter.
