INOX India reports strong Q2, H1 FY26 financial performance

INOX India Limited’s board of directors approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. For Q2 FY26, total revenue increased by 16.0% year-on-year to ₹371 Cr, with EBITDA rising 18.0% to ₹92 Cr and Profit After Tax (PAT) growing 22.9% to ₹62 Cr. Exports contributed 57% of revenue, totaling ₹211 Cr, reflecting strong international demand. The company secured new orders amounting to ₹374 Cr, increasing its order backlog to ₹1485 Cr.

For the first half of FY26, INOX India reported its highest-ever H1 performance, with revenue at ₹723 Cr (up 16.3%), EBITDA at ₹180 Cr (up 18.7%), and PAT at ₹122 Cr (up 20.9%). Exports for H1 stood at ₹409 Cr, comprising 56% of total revenues. The Industrial Gases Division contributed 57% to the quarter's revenue, securing significant international and domestic orders, including a cryogenic vessel order from a US-based customer and a 90 KL liquid hydrogen tank order for a European semiconductor facility.

The LNG Division contributed 25% to overall revenue, with new orders for regasification facilities in The Bahamas. The Cryo Scientific Division contributed 13%, securing refurbishment contracts for VVTS and CTS. The Beverage Kegs Division received a 30,000-keg order from a German company and is actively bidding for large-sized orders with major breweries.