IFGLEXPOR IFGL Refractories Q3 FY26 results (Oct–Dec 2025) and concall
IFGL Refractories reported healthy revenue growth in Q3 FY26, with consolidated revenue up 23% YoY and standalone up 16% YoY, driven by strong performance in India and the US. However, margins were impacted by product mix, elevated employee costs, and increased business development expenses, leading to consolidated EBITDA margin of 5.3% and standalone of 7%. The company is progressing with its expansion projects in Khordha and Gujarat, and expects gradual margin improvement through cost optimization and strategic initiatives, despite ongoing profitability challenges in Europe, particularly wit
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What they filed
Q3 FY26: revenue up 23.7%, net profit down 50.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 411 | 379 | 449 | 454 | 489 +19% | 469 +24% |
| EBITDA | 33 | 17 | 33 | 36 | 38 +15% | 23 +35% |
| Net profit | 12 | -2 | 8 | 11 | 13 +8% | -3 −50% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
