I G Petrochemicals Limited delivered a significant operational turnaround in the first quarter of FY27, reporting consolidated EBITDA of ₹1,187.92 crore compared to ₹93.29 crore in Q1FY26. The company returned to profitability with a consolidated net profit after tax of ₹664.41 crore, reversing a loss of ₹129.87 crore in the corresponding period last year. This performance reflects strong demand for its organic chemicals, particularly Phthalic Anhydride (PAN), and improved operational efficiencies across its integrated Taloja complex.

The Board of Directors approved the unaudited financial results on August 5, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34). Statutory auditors M S K A & Associates LLP and SMMP & Company issued an unqualified limited review report. The company’s total income for the quarter reached ₹6,244.11 crore, up from ₹4,800.65 crore in Q1FY26.

Financial Performance Overview

The quarter’s results highlight a broad-based improvement across key metrics. Standalone total income was ₹6,250.71 crore, with standalone profit before tax at ₹949.18 crore and net profit after tax at ₹709.70 crore. In contrast, the standalone entity reported a net loss of ₹82.14 crore in Q1FY26. Consolidated earnings per share (basic and diluted) rose to ₹21.57 from a loss of ₹4.22 per share in the prior year.

Product Mix and Operational Drivers

Revenue from the Non-Phthalic business stood at ₹49 crore, led by an improvement in overall realizations in Di-ethyl Phthalate (DEP) and Maleic Anhydride (MAN). Exports contributed approximately 10% of total revenue during Q1FY27, reflecting continued progress in expanding international presence. IGPL remains India's largest single-site PAN manufacturer with ~50% domestic market share and the sole domestic producer of MAN.

Forward-Looking Capacity Expansion

The company is advancing its downstream integration strategy to diversify revenue mix. The plasticizer plant at the Taloja complex is expected to start production in Q2FY27, following mechanical completion in March 2026. Additionally, the Compressed Biogas (CBG) project, which converts organic waste to biogas, is targeted for mechanical completion in Q2FY27 and production start in Q3FY27. These initiatives aim to reduce single-product dependence and expand the earnings base over the coming years.

Subsidiary and Auditor Notes

The consolidated results include four subsidiaries: IGPL International Limited, IGPL Energy Limited, IG Biofuels Limited, and IGPL Charitable Foundation. The auditor’s report noted that the interim financial information of these subsidiaries, which reflect a total revenue of ₹21.12 lakh and a net loss of ₹477.11 lakh for the quarter, was not reviewed by their respective auditors but certified by the holding company’s management. Management stated that these figures are not material to the Group. M S K A & Associates LLP and SMMP & Company confirmed that nothing came to their attention to suggest the statements do not comply with Ind AS 34 or contain material misstatements.

I G Petrochemicals Limited ( ig petrochemicals ) will host an earnings call on Friday, August 7, 2026, at 2:30 PM IST to discuss its operational and financial performance for the first quarter of fiscal year 2027 (Q1FY27). The conference, scheduled via teleconference and video link, aims to provide investors and analysts with insights into the company’s results for the quarter ended June 30, 2026. This engagement allows stakeholders to directly query management on recent business developments and financial outcomes.

The initiative is undertaken pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued the intimation on August 3, 2026, directing participants to pre-register for the session through the provided invitation link. Sudhir R Singh, Company Secretary, signed off on the disclosure submitted to both the Bombay Stock Exchange and the National Stock Exchange of India.

Mr. Pramod Bhandari, Chief Financial Officer, is confirmed as the key participant representing management during the call. Investors are advised to register in advance to ensure seamless access to the proceedings. The company has arranged dedicated access numbers for domestic and international participants to facilitate broad participation.

Call Access Details

Participants can join the earnings call using the following access numbers:

For further assistance or RSVP confirmations, investors may contact Strategic Growth Advisors Pvt Ltd., specifically Mr. Om Kanadia or Ms. Shaily Patwa, at +91 8454951156 or +91 9819494608.

The corporate office remains located at Raheja Centre, Nariman Point, Mumbai, while the registered office is situated in Panaji, Goa. All communications regarding this event are aligned with standard regulatory disclosure norms for listed entities in India.