Results - Announcements
Ion Exchange (India) Ltd share price softened by 1.67% to Rs 338.7 after the company's net profit plunged by 2804.58% to Rs 82.76 crore, while revenue from operations slipped slightly by 3.67% to Rs 674.73 crore in Q3FY26 over Q2FY26.
The market capitalization of Water Supply & Management industry group stocks on BSE stood at Rs 23650.57 crore, nosediving by 24.74%. It has improved by 0.10% over last one week and eased lower by 5.15% in last one month while the market capitalization of Ion Exchange (India) Ltd has slipped by 1.31% and 12.45% in the same period respectively.
Profit before tax (PBT) of Ion Exchange (India) Ltd stood at Rs 107.47 crore in Q3 FY26, crashing by 258.37% year-on-year, and tanking 1552.30% quarter-on-quarter. EBITDA came in at Rs 93 crore, plunging by 270.68% YoY and tumbling by 458.90% sequentially.
Total expenses went up by 13.18% to Rs 781.49 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 486.64 crore, going up by 17.70% YoY, while employee benefits expense was at Rs 113.79 crore, easing 4.76% YoY.
For the TTM ended FY26, revenue from operations inched higher 6.49% to Rs 2914.84 crore, while net profit tumbled by 31.23% to Rs 143.21 crore, compared to previous TTM. EBITDA surged by 26232% to Rs 123.58 crore, and PBT collapsed by 31.72% to Rs 194.94 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 28.47 crore in FY26, as against Rs 32.05 crore in FY25.
Ion Exchange (India) Ltd nosedived by 16.19% in last one year, underperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.