INOX India (INOXCVA) announced its Q2 FY26 results, showcasing a 16% increase in revenue to ₹371 Cr. EBITDA rose by 18% to ₹92 Cr, and PAT increased by 22.9% to ₹62 Cr. Export revenue contributed 57% of the total. Order inflows for the quarter reached ₹374 Cr, with a total order backlog of ₹1485 Cr. Company reported highest ever H1 performance. Company received 90 KL LH2 order.
Key Financial Highlights
INOX India (INOXCVA) reported strong financial results for Q2 FY26:
Revenue: ₹371 Cr, a 16% increase year-over-year.
EBITDA: ₹92 Cr, an 18% increase year-over-year.
PAT: ₹62 Cr, a 22.9% increase year-over-year.
Export Revenue: ₹211 Cr, contributing 57% to total revenue.
The company also highlighted its highest-ever first-half (H1) performance, with revenue rising 16.3% Y-o-Y to ₹723 Cr and PAT growing 20.9% Y-o-Y to ₹122 Cr. During H1, export revenues stood at ₹409 Cr.
Order Book and Segment Performance
Order inflows for the quarter reached ₹374 Cr, resulting in a total order backlog of ₹1485 Cr. Noteworthy orders include a 1500 m3 cryogenic vessel order from a US-based customer, an additional order from ITER for VVTS refurbishment, and a 90 KL LH2 tank order for a European semiconductor facility.
The Industrial Gases Division contributed 57% to the overall revenue. The LNG Division accounted for 25%, receiving an order for LNG regasification for two small islands in The Bahamas. The Cryo Scientific Division contributed 13% to overall revenue, securing refurbishment contracts and new orders.
The Beverage Kegs Division secured a 30,000-keg order from a German company, with deliveries scheduled after November trials.
Source: BSE
