Ester Industries reported a standalone net profit of ₹145.06 lakh for the quarter ended June 30, 2026, marking a 50.5% year-on-year increase from ₹96.36 lakh in Q1FY26. Revenue from operations grew to ₹3,392.07 lakh, up from ₹2,790.05 lakh in the corresponding period last year. On a consolidated basis, the company swung to a net profit of ₹186.18 lakh, compared to a loss of ₹71.55 lakh in Q1FY26, underscoring a strong recovery in overall business performance.

The Board of Directors approved the unaudited financial results at its meeting held on August 11, 2026. The results were reviewed by the Audit Committee and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Walker Chandiok & Co LLP issued the limited review report on the standalone and consolidated financial statements.

Financial Performance

Standalone revenue from operations increased to ₹3,392.07 lakh in Q1FY27 from ₹2,790.05 lakh in Q1FY26. Other income rose significantly to ₹84.73 lakh from ₹59.69 lakh. Total expenses were ₹3,282.57 lakh, compared to ₹2,719.93 lakh in the prior year quarter. Profit before tax stood at ₹194.23 lakh, up from ₹129.82 lakh. Consolidated revenue from operations reached ₹4,321.57 lakh, an increase from ₹3,382.05 lakh in Q1FY26. Consolidated total expenses were ₹4,179.70 lakh, while the share of loss from the joint venture, Ester Loop Infinite Technologies Private Limited, was ₹4.56 lakh.

The table below summarises key financial metrics across both standalone and consolidated bases:

Segment-wise Results

The Polyester chips and film segment contributed ₹3,033.51 lakh to standalone revenue, up from ₹2,299.83 lakh in Q1FY26, with segment profit before tax and interest of ₹277.53 lakh. The Speciality polymers segment saw standalone revenue decline to ₹358.56 lakh from ₹490.22 lakh, though it recorded a segment profit of ₹152.12 lakh. On a consolidated basis, the Polyester chips and film segment generated ₹3,994.46 lakh in revenue, while Speciality polymers contributed ₹327.11 lakh.

The segment-wise breakdown is presented below:

What the Numbers Show

The significant improvement in consolidated profitability — moving from a loss to a profit of ₹186.18 lakh — highlights the operational leverage gained in the core polyester business. While the Speciality polymers segment experienced a revenue contraction, the robust growth in the Polyester chips and film segment more than compensated, driving overall top-line and bottom-line expansion. The rise in other income also provided a notable boost to the standalone bottom line.

Corporate Actions

During the quarter, the company allotted 6,708,851 equity shares at an issue price of ₹158 per share following the conversion of fully convertible warrants. This increased the paid-up equity share capital from ₹487.93 lakh to ₹521.48 lakh. An amount of ₹32.50 lakh received against unexercised warrants was forfeited. The Board also recommended a final dividend of ₹0.25 per equity share for FY26, subject to shareholder approval at the 40th Annual General Meeting scheduled for September 24, 2026. The record date for dividend eligibility is fixed for September 17, 2026, and if declared, the dividend will be paid by October 24, 2026.

Ester Industries Ltd has scheduled a virtual investor interaction for July 1, 2026, at 4:00 PM IST. The meeting will be conducted under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price sensitive information or details regarding Q1-FY27 will be shared during the session.

The management will meet with representatives from Envision Capital, Banyan Capital, and Sagun Capital. The discussion will be based solely on publicly available information. The schedule remains subject to change due to exigencies on the part of the fund, broking house, or the company.

Investor Meeting Details

The disclosure was submitted to BSE Limited and NSE Limited. Poornima Gupta, Company Secretary & Compliance Officer, signed the intimation on behalf of Ester Industries Limited.