Inox India Earnings: Consolidated net profit rises 16% YoY, total order inflow at ₹415 crore in Q1

The company’s revenue from operations increased 15% to ₹340 crore in the quarter under review as compared to ₹296 crore in Q1 FY25.

At an operational level, Inox India’s EBITDA (earnings before interest, tax, depreciation, and amortisation) rose 8.4% to ₹76 crore in the June FY26 quarter as against ₹70 crore in the year-ago period.

Its EBITDA margin, however, contracted to 22.4% in the first quarter of FY26 from 23.7% in Q1FY25.

The company’s export revenue for the quarter was seen at ₹198 crore, contributing 56% to total revenues.

Inox India has secured order inflows totalling ₹415 crore in the reporting quarter, taking the total order book to ₹1,457 crore. The firm said it signifies positive market confidence and potential in industrial gas applications and clean energy sectors.

Commenting on the results, Deepak Acharya, Chief Executive Officer, INOX India Ltd., said, “FY26 has begun on a strong note, with robust order inflows across all divisions. Our Industrial Gases business saw healthy growth, marked by breakthrough orders like India’s first UHP Ammonia ISO containers and a pioneering CO₂ battery project. With a diversified portfolio and strong market tailwinds, we are confident of sustaining growth throughout FY26.”

INOX India Ltd is one of the largest manufacturers of cryogenic storage, regasification, and distribution systems for LNG, industrial gases, and cryoscientific applications, with operations in India, Brazil & Europe.

Ahead of its earnings on Monday, shares of Inox India settled at ₹1,179.80 apiece on the National Stock Exchange, surging 3.53%.

• In Q1 FY26, Inox India’s Industrial Gases division contributed 48% to the overall revenue. The company witnessed strong order flow this quarter, including India’s first UHP ammonia ISO containers, a product critical for strengthening the semiconductor and solar sector supply chain.

Overall, Q1 saw steady growth in this segment, led by high-purity demand, strong exports, and effective tariff mitigation, the firm said.

• The LNG segment, which contributed 29% to overall revenue, saw robust order flow with the supply of a large number of fuel tanks to a leading OEM in India, reflecting growing adoption and regulatory support.

• In the Cryo Scientific Division, following the successful completion of the Vacuum Vessel Thermal Shield (VVTS), Inox India has secured a new order for the Cryostat Thermal Shield (CTS) refurbishment, valued at approximately ₹145 crore during Q1.

• For the Keg Division, the company is witnessing a renewed interest. Approvals from global brewing giants Heineken and ABInBev, besides two breweries based in Brazil, indicate a positive signal for broader adoption of our keg solutions, the firm said.