Results for Financial Year ended 31st March, 2026
IGPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IG Petrochemicals reported a sharp decline in profitability for FY2026. Standalone revenue fell to Rs. 1,92,497.90 lakhs from Rs. 2,20,622.74 lakhs in the prior year (approx. 13% decline), while standalone PAT dropped to Rs. 2,315.69 lakhs from Rs. 11,246.92 lakhs — a roughly 79% fall. On a consolidated basis, PAT was even lower at Rs. 221.93 lakhs (vs Rs. 10,869.66 lakhs), impacted by a subsidiary loss of Rs. 1,472.10 lakhs. The company acquired a controlling stake in IG Biofuels Limited in December 2025 and is liquidating IGPL Energy Limited. The Board recommended a dividend of Rs. 5 per share (50%). Statutory auditors issued an unmodified opinion. Cash and cash equivalents turned negative when accounting for bank overdrafts (standalone: -Rs. 5,015.77 lakhs).
The steep drop in net profit — from over Rs. 112 crore to Rs. 23 crore standalone — signals severe margin compression, likely due to input cost pressures or pricing challenges in the petrochemicals sector. The negative cash position (post-overdraft) warrants close monitoring. The clean audit opinion provides assurance on financial reporting integrity.