Results - Announcements
IFB Industries Ltd share price ticked higher by 1.25% to Rs 1050.5. The Company's net profit fell 10.94% to Rs 38.34 crore, while revenue from operations eased by 0.57% to Rs 1575.78 crore in Q3FY26 over Q2FY26.
The market capitalization of Household Appliances industry group stocks on BSE stood at Rs 2.99 lakh crore, slipping 1.18%. It has softened by 1.21% over last one week and softened by 7.65% in last one month while the market capitalization of IFB Industries Ltd has slipped by 1.59% and 19.60% in the same period respectively.
Profit before tax (PBT) of IFB Industries Ltd stood at Rs 53.67 crore in Q3 FY26, tumbling by 23.37% year-on-year, and declining 6.17% quarter-on-quarter. EBITDA came in at Rs 83 crore, retreating 10.38% YoY and easing 0.16% sequentially.
Total expenses marginally dropped 0.69% to Rs 1518.26 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 715.56 crore, contracting by 13.09% YoY, while employee benefits expense was at Rs 111.59 crore, dipping slightly 1.99% YoY.
For the TTM ended FY26, revenue from operations improved 10.37% to Rs 5619.48 crore, while net profit soared by 20.73% to Rs 143.56 crore, compared to previous TTM. EBITDA surged by 25644% to Rs 285.01 crore, and PBT expanded by 17.74% to Rs 192.45 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 299.02 crore in FY26, as against Rs 118.0 crore in FY25.
IFB Industries Ltd tumbled by 45% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.19% during the same period.