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IFGL Refractories' revenue increased 23.3% YoY
  • 15 Feb 2026
  • IFGL Refractories Ltd reported a 4.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 23.3%.
  • Its expenses for the quarter were down by 1.0% QoQ and up 22.3% YoY.
  • The net profit decreased 124.3% QoQ and increased 41.3% YoY.
  • The earnings per share (EPS) of IFGL Refractories Ltd declined at 0.43 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

IFGL Refractories Ltd is a key player in the refractories industry. The company specializes in the production and supply of specialized refractories and services critical to the steel industry, among others. Refractories are materials that are resistant to high temperatures and are essential in the manufacturing processes of various industries, particularly in steel production. The company operates within a highly specialized sector, offering products that are integral to industrial manufacturing processes. As of the latest updates available until October 2023, there are no major developments noted for IFGL Refractories Ltd beyond its continued operations in this sector.

For the third quarter of fiscal year 2026 (Q3FY26), IFGL Refractories Ltd reported a total income of ₹470.51 crores. This represents a decrease of 4.1% from the previous quarter (Q2FY26), where the company recorded a total income of ₹490.64 crores. However, on a year-over-year basis, the total income has increased by 23.3% from ₹381.73 crores in Q3FY25. This significant year-over-year growth in total income suggests an upward trend in revenue generation compared to the same quarter in the previous year.

In Q3FY26, IFGL Refractories Ltd reported a loss before tax of ₹3.74 crores, a notable shift from a profit of ₹16.70 crores in Q2FY26, indicating a quarter-over-quarter decline of 122.4%. Comparatively, the profit before tax in Q3FY25 was a loss of ₹1.96 crores, reflecting a year-over-year change of 90.8%. Additionally, the company incurred a negative tax of ₹0.66 crores in Q3FY26, a decrease from the tax expense of ₹4.01 crores in Q2FY26. The profit after tax also reflected a loss of ₹3.08 crores in Q3FY26, compared to a profit of ₹12.69 crores in the previous quarter and a loss of ₹2.18 crores in Q3FY25, showing a year-over-year change of 41.3%.

Earnings per Share (EPS) for IFGL Refractories Ltd in Q3FY26 was reported at -₹0.43, down from ₹1.76 in Q2FY26, marking a quarter-over-quarter decline of 124.4%. Compared to Q3FY25, where EPS was -₹0.60, there is a year-over-year improvement of 28.3%. The total expenses for the company in Q3FY26 were ₹469.43 crores, reflecting a slight decline of 1.0% from ₹473.94 crores in Q2FY26 and an increase of 22.3% from ₹383.69 crores in Q3FY25. These figures highlight the company's operational expenditure trends and their impact on profitability metrics over the reporting periods.