IG Petrochemicals Posts Strong Turnaround in Q1 FY27
Revenue grew 31% year-on-year as the company swung to a profit, marking a significant recovery from a loss-making quarter a year ago.
IG Petrochemicals reported robust revenue growth and a sharp return to profitability in Q1 FY27. The net profit margin expanded to 11.5%, a major improvement from the negative margin seen last year.
IG Petrochemicals delivered a powerful quarterly performance, with revenue climbing sharply and profitability staging a decisive comeback. The company's latest results signal a strong operational recovery from a challenging period last year.
Revenue for the quarter ended June 2026 rose to ₹617.8 crore, a 31.4% increase compared to the same quarter last year. More importantly, the company reported a profit of ₹70.97 crore, a dramatic swing from a loss of ₹8.21 crore in Q1 FY26. This translated to a net profit margin of 11.5%, a substantial 1,320 basis point improvement year-on-year.
The sequential momentum is equally encouraging. Revenue grew 17.8% from the previous quarter (Q4 FY26), while profit nearly doubled, rising 90.9%. The company's performance over the last five quarters shows a clear trajectory of improvement.
Revenue (₹ Cr)
Profit (₹ Cr)
Net Profit Margin (%)
| Metric | CurrentQ1 FY27 | PreviousQ4 FY26 | Same quarter LYQ1 FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | 617.8YoY +31% | 524.27 | 470.05 |
| Profit (₹ Cr) | 70.97YoY +964% | 37.17 | -8.21 |
| Net Profit Margin (%) | 11.5YoY +776% | 7.1 | -1.7 |
Key Points
- The trailing-twelve-month (TTM) net profit margin stands at 4.9%, indicating the recent quarter's performance is a significant positive outlier.
- The stock has delivered an 8.3% return over the past year, closing at ₹503 on the results date.
- The company maintains a conservative balance sheet with a low debt-to-equity ratio of 0.27.
While the valuation premium to the industry remains high, the latest quarter demonstrates IG Petrochemicals' ability to translate top-line strength into robust bottom-line results. The key question is whether this level of margin performance can be sustained in the coming quarters.
Live Chart
· IGPL
(BSE)
ISIN: INE204A01010
Also read
Want this applied to your portfolio?
Talk to a HexaWealth advisor, or sync your mutual fund data for insights tailored to your holdings.