IFB Industries Surges with Two-Fold Profit Boost
IFB Industries Ltd reported a two-fold increase in net profit to Rs 42.67 crore for the March quarter of FY26. Revenues rose across all segments, with a significant 12.33% rise in operations revenue. The company's total income for FY26 increased by 10.2%, reflecting overall growth.
In a robust financial performance, IFB Industries Ltd has announced a two-fold jump in its consolidated net profit, reaching Rs 42.67 crore for the March quarter of FY26. This comes after registering Rs 18.87 crore in the corresponding period of the previous year.
The Kolkata-based company also reported a 12.33 percent increase in revenue from operations, amounting to Rs 1,498.20 crore in Q4 FY26 compared to Rs 1,333.70 crore in the year-ago quarter. Notably, the company's home appliances segment grew 11.39 percent, with other segments like engineering and motors also witnessing double-digit growth.
IFB Industries also saw its total expenses rise by 10.77 percent in the quarter. Despite these increased costs, the company's total income surged 15.5 percent to Rs 1,507.20 crore, marking a financially rewarding year. Shares in the company reacted positively, trading 11.33 percent higher on the BSE.
(With inputs from agencies.)
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