IG Petrochemicals demonstrates strong performance with a 9.2% increase in Q4 revenue. The company aims to generate revenues between Rs. 3,000-3,200 crore by FY28, indicating ambitious growth aspirations.
IG Petrochemicals Limited
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IG Petrochemicals reported a significant increase of 38% in Q4 EBITDA for FY26, reaching INR 75 Cr against INR 530 Cr revenue. The company also announced a dividend of INR 5 per share and completed its plasticizer plant in March 2026.
I G Petrochemicals reported a profit of INR 28.07 crores in Q4 FY26, recovering from a loss in Q3. Despite lingering concerns about the durability of profits due to past losses, the stock price increased by 2% following the results.
IG Petrochemicals significantly boosted its Q4 net profit by 77% compared to last year, reaching 371 million rupees. Additionally, revenue for the same period rose by 9%, ending at 5.24 billion rupees.
IG Petrochemicals Ltd has finished the mechanical installation of their new Plasticizer plant, marking a significant step towards operational readiness for this project.