INOX India's consolidated net profit declined 4.99% to ₹58.07 crore in the quarter ended June 2026, compared to ₹61.12 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this profit decline occurred despite the company achieving sales growth of 9.18% to ₹370.79 crore during the same period, up from ₹339.62 crore in Q1 FY2026. The latest results show a more pronounced revenue growth of 8.3% year-on-year to ₹382 crore, as reported by INOX India Ltd, indicating the company's continued business expansion despite bottom-line challenges.
The company achieved a record quarterly order inflow of ₹532 crore, substantially growing its total order book to a record ₹1,686 crore. Export orders within this book now exceed ₹1,140 crore, providing substantial revenue visibility for upcoming quarters. Exports played a significant role in the quarter's revenue, accounting for 58% of total sales, amounting to ₹222 crore, driven by strong international demand. The Industrial Gases division contributed 53% to overall revenue, securing major orders for cryogenic storage tanks from the space exploration industry and initial orders for semiconductor manufacturing facilities. The LNG Division accounted for 22% of revenue, with renewed momentum in LNG fuelling infrastructure, while the Cryo Scientific Division received prestigious orders from CERN and ITER, France.
The company's operating profit margin (OPM) improved to 20.46% in Q1 FY2027, compared to 22.42% in the corresponding quarter of the previous year. PBDT (Profit Before Depreciation and Tax) decreased by 3% to ₹85.09 crore from ₹88.08 crore year-on-year. The PBT (Profit Before Tax) also declined by 6% to ₹75.59 crore compared to ₹80.51 crore in Q1 FY2026. The latest results show EBITDA of ₹90 crore with a margin of 23.5%, representing a 1.4% year-on-year growth, while PAT remained stable at ₹61 crore, maintaining the previous year's level with a PAT margin of 15.9%.
The company secured significant new order inflows totalling ₹532 crore, substantially growing its total order book to a record ₹1,686 crore. Multiple orders for LNG fuelling stations were secured, and installation activities commenced for a mini-LNG terminal project in The Bahamas. The Cryo Scientific Division received a prestigious order from CERN for specialized cryogenic modules and a repeat order from ITER, France. Other strategic developments include a partnership with WAYOUT, Sweden, for manufacturing modular water micro-factories, the attainment of AS9100D aerospace quality certification, and a collaboration with ITM SLS Baroda University to establish a skill development center for semiconductor pipeline fabrication. CEO Deepak Acharya highlighted the strong presence in high-growth segments and confidence in delivering sustainable long-term growth.
