Markets

Market Nav

News Details

11/02/2026 19:00

I G Petrochemicals posts Q3 net loss of Rs 7.22 cr

The company reported standalone net loss during the quarter stood at Rs 7.22 crore compared to net profit of Rs 27.75 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 16.62 per cent at Rs 465.32 crore in October-December quarter of this fiscal as against Rs 558.05 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 11.05 per cent to Rs 455.74 crore from Rs 512.35 crore in year ago period.

Other Income dipped by 30.64 per cent at Rs 6.00 crore versus (Dec'24 Rs 8.65 crore).

Operating Profit slipped by 79.06 per cent to Rs 9.57 crore as against Rs 45.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 74.85 per cent in December quarter.

Interest grew by 267.84 per cent y-o-y to Rs 9.38 crore, while Taxation decreased by 127.25 per cent at Rs -2.09 crore (Dec'24 Rs 7.67 crore).