Himadri Speciality Chemical Ltd reported a net profit of Rs. 183 crore for the quarter ended June 30, 2025, as against a net profit of Rs. 123 crore during the corresponding quarter of the previous year, reflecting a jump of 48 per cent. However, the company's revenue from operations dropped by 8 per cent at Rs. 1,100 crore for the quarter ended June 30, 2025 as compared to Rs. 1,200 during the corresponding quarter of the previous year.

Commenting on the results and performance, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said:

“We are pleased to report our highest-ever quarterly EBITDA and PAT, underscoring a strong, resilient and sustainable financial performance. For the quarter, EBITDA stood at Rs. 234 crore while Profit After Tax (PAT) came in at Rs. 183 crore. This significant growth in profitability was driven by our continued focus on high-value speciality products, operation efficiencies leading to improvement in yields and strengthening of our waste heat recovery systems. While our topline was marginally impacted by the correction in raw material prices, the quarter was marked by notable progress across strategic and operational fronts.

“We commenced operations at Birla Tyres and simultaneously unveiled its new brand identity—including a modernized logo and a redesigned corporate website. This rebranding initiative is part of a broader transformation to reposition Birla Tyres as a high- performance, future-ready brand on the global stage. In the coming months, the brand will roll out an integrated marketing campaign across digital, television, print, and outdoor platforms to enhance brand recall and deepen engagement with both new-age and long- standing customers.

“This quarter also marked a significant step forward in our vision to become a global leaders in clean-tech and energy materials. We entered into an exclusive technology licensing agreement with Sicona, an Australian next-generation battery materials company. This partnership allows Himadri to localize and commercialize Sicona’s proprietary SiCx silicon-carbon anode technology in India. SiCx has shown the potential to boost battery energy density by up to 20% and improve charging speed by 40%—a breakthrough for lithium-ion battery performance, especially in electric vehicles and energy storage systems.

“Further advancing our strategic roadmap, we invested US$ 4.43 million to acquire a 16.24% equity stake in International Battery Company (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion cells. This collaboration provides us with access to IBC’s established manufacturing infrastructure in South Korea and its upcoming Gigafactory in Bengaluru, slated to commence operations by Q4 FY26. This is a significant milestone for Himadri, marking the start of the commercial deployment of our LFP Cathode active and anode materials, while enabling access to IBC’s expanding customer base across the U.S., India, and East Asia.

“Our performance this quarter reaffirms the strength of Himadri’s foundation and the clarity of our strategic direction. As we scale investments in battery materials, deepen global partnerships, and pursue innovation with sustainability at its core, we remain confident in our ability to generate long-term value for all stakeholders.”