Results - Announcements
IFGL Refractories Ltd share price gained 2.89% to Rs 185.1 after the company's net profit jumped 50.76% to Rs 25.72 crore, while revenue from operations improved marginally 7.96% to Rs 553.14 crore in Q2FY27 over Q2FY26.
The market capitalization of Electrodes & Refractories industry group stocks on BSE stood at Rs 54609.77 crore, rising 7.37%. It has marginally improved by 3.77% over last one week and edged lower by 4.61% in last one month while the market capitalization of IFGL Refractories Ltd has improved by 3.27% and 19.83% in the same period respectively.
Profit before tax (PBT) of IFGL Refractories Ltd stood at Rs 34.03 crore in Q2 FY27, jumping 103.77% year-on-year, and surging by 47.06% quarter-on-quarter. EBITDA came in at Rs 47 crore, expanding by 29.38% YoY and rallying 35.75% sequentially.
Total expenses posted a minor rise of 5.97% to Rs 518.18 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 259.11 crore, slightly declining by 3.90% YoY, while employee benefits expense was at Rs 87.91 crore, easing 4.06% YoY.
For FY26, revenue from operations grew 14.59% to Rs 1894.25 crore, while net profit fell 19.26% to Rs 34.7 crore, compared to previous FY. EBITDA jumped by 11706% to Rs 126.21 crore, and PBT tanked by 24.19% to Rs 45.14 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 63.38 crore in FY26, as against Rs 28.28 crore in FY25.
IFGL Refractories Ltd tumbled by 21.85% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.