Indo Borax and Chemicals has posted a sharp jump in first-quarter earnings, with consolidated net profit rising 59.31 per cent year-on-year to Rs. 16.25 crore for the quarter ended June 30, 2026, from Rs. 10.20 crore a year earlier.

 

The strong performance was driven by robust market demand and improved operational efficiency, which lifted both revenue and operating profitability.

 

Consolidated operating income climbed 31.34 per cent year-on-year to Rs. 70.36 crore in Q1 FY27, compared with Rs. 53.57 crore in the same quarter last year. Revenue also rose 11.66 per cent sequentially from Rs. 63.01 crore in Q4 FY26, extending the company's growth momentum after it reported total operating income of Rs. 215.45 crore for FY26.

 

The bottom-line improvement was reflected in earnings per share. EPS jumped 59.43 per cent year-on-year to Rs. 5.07 in Q1 FY27, compared with Rs. 3.18 in Q1 FY26 and Rs. 4.53 in the preceding quarter.

 

Operating performance was even stronger. Consolidated EBITDA surged 62.16 per cent year-on-year to Rs. 19.80 crore from Rs. 12.21 crore in Q1 FY26. EBITDA also rose 54.45 per cent sequentially from Rs. 12.82 crore in Q4 FY26. For comparison, full-year EBITDA for FY26 stood at Rs. 44.16 crore.

 

The sharp rise in operating earnings translated into a significant expansion in profitability margins.

 

EBITDA margin rose 530 basis points year-on-year to 28.1 per cent in Q1 FY27, compared with 22.8 per cent in Q1 FY26 and 20.4 per cent in Q4 FY26. The full-year FY26 EBITDA margin stood at 20.5 per cent.

 

PAT margin expanded 430 basis points year-on-year to 22.3 per cent, against 18.0 per cent in Q1 FY26 and 21.5 per cent in Q4 FY26. The full-year FY26 PAT margin was 21.8 per cent.

 

The numbers point to a strong start to FY27 for the boron-based chemicals manufacturer, with higher demand, robust capacity utilisation and operational efficiencies combining to drive both revenue growth and margin expansion.

 

Commenting on the company's performance during the quarter, Suresh Kalra, Managing Director & CEO, Indo Borax, said, "The boron-based chemicals market in India has been witnessing a robust demand across a diverse range of applications including steel, glass, ceramics, agriculture, electronics and detergents among others. 

 

"With our advanced manufacturing capabilities, we are well-positioned to meet demand. Our capacity utilisation has been extremely robust, and improved operational efficiency has strengthened our bottom line. We expect to sustain this growth momentum moving forward."