INOX India Reports 7.8% Increase in Q2 FY27 Profit to Rs 66 Crore
New Delhi, November 4, 2026: INOX India Ltd reported a 7.8 percent year-on-year increase in profit after tax to Rs 66 crore for the second quarter ended September 30, 2026, according to a press release issued by the company.
Quarterly revenue from operations grew 26.6 percent year-on-year to Rs 467 crore, while EBITDA rose 10.8 percent to Rs 100 crore with an EBITDA margin of 21.3 percent. For the first half of the financial year, revenue increased 17.7 percent to Rs 849 crore, and profit after tax grew 3.6 percent to Rs 127 crore. International exports accounted for 60 percent of total revenues in Q2 FY27, generating Rs 279 crore.
The company’s total order backlog reached a record Rs 2,268 crore, supported by new order inflows totaling Rs 1,028 crore during the quarter. Export orders accounted for Rs 1,628 crore of the total order book. Space-sector customers contributed approximately Rs 1,100 crore to the backlog.
In segment operations, Industrial Gas Solutions generated 61 percent of quarterly revenue, while LNG Solutions and the Cryo-Scientific Division contributed 15 percent and 17 percent, respectively. The LNG division secured orders for over 40 semi-trailers, while the Cryo-Scientific business won a Rs 35 crore order for an earthquake early-warning project in Maharashtra. The beverage keg business registered a 446 percent year-on-year growth in quarterly sales and secured a three-year global supply agreement with a major brewing company. The company also entered the semiconductor sector by commencing initial piping work at a facility in Dholera.
Commenting on the financial performance, Deepak Acharya, Chief Executive Officer, said:
“INOX India continues to strengthen its market position, delivering consistent business momentum and a robust order pipeline across its key verticals. Q2 FY27 saw our order backlog cross ₹2,200 crore—the highest in the Company’s history—with the space sector contributing approximately ₹1,100 crore.”
“We are also expanding our presence in high-potential sectors. Our established Industrial Gas Solutions, LNG and Cryo-Scientific businesses continue to secure strategic orders, while our entry into semiconductor infrastructure marks an important new growth opportunity. Having commenced the initial piping scope at a leading semiconductor facility in Dholera, we are positioning ourselves to participate in the expanding semiconductor ecosystem. Our Beverage Keg business is gaining traction globally, with approvals from four of the five key international beverage companies targeted.”
“Our performance reflects the strength of our engineering capabilities, customer relationships and diversified business models. With each passing quarter, we are building greater scale, strengthening our market leadership and expanding our addressable opportunities. Our focus remains on disciplined execution, operational excellence and translating this growing order momentum into sustainable long-term growth.”
