IGPL Q4 Profit Jumps 77% to 371M Rupees

IG Petrochemicals has reported a strong improvement in its financial performance for Q4 FY26, with net profit rising to 371M rupees from 210M rupees on a year-on-year basis. Revenue grew to 5.24B rupees from 4.8B rupees, while EBITDA for the quarter stood at 688M rupees compared to 488M rupees in the same period last year. The EBITDA margin expanded to 13.14% from 10.17%. These results were taken up at the Board of Directors meeting held on May 18, 2026.

Q4 FY26 Financial Highlights

IG Petrochemicals delivered a notable year-on-year improvement across all key financial metrics in Q4. The following table summarises the company's standalone financial performance:

Metric:	Q4 FY26	Q4 FY25 (YoY)
Net Profit:	371M rupees	210M rupees
Revenue:	5.24B rupees	4.80B rupees
EBITDA:	688M rupees	488M rupees
EBITDA Margin:	13.14%	10.17%

Operational and Strategic Updates

For the full fiscal year FY26, the company reported a total revenue of Rs. 1,954 crores and a PAT of Rs. 23.2 crores. Demand for Phthalic Anhydride (PAN) remained stable throughout the year despite ongoing geopolitical uncertainties and elevated raw material prices. The company achieved mechanical completion of its Plasticizer plant in March 2026, with a capacity of up to 1,00,000 Tons. Additionally, the Compressed Biogas (CBG) plant is on track to achieve mechanical completion by Q2 FY27.

Board Meeting and Dividend

The board meeting convened on May 18, 2026, addressed key financial and shareholder-related matters for the fiscal year ended March 31, 2026. The Board has recommended a dividend of Rs. 5 per equity share (face value Rs. 10) for the financial year 2025-26.

Agenda Item:	Details
Financial Results:	Approval of audited financial results (standalone & consolidated) for the year ended March 31, 2026
Dividend:	Recommendation of dividend of Rs. 5 per equity share for FY 2025-26

Earnings Call Details

IG Petrochemicals has arranged an Earnings Call with investors and analysts on Thursday, May 21, 2026, at 2:00 PM IST, via tele/video conference. The call will be led by Mr. Pramod Bhandari, Chief Financial Officer.

Access Details:	Information
Date:	Thursday, May 21, 2026
Time:	2:00 PM IST
Participant:	Mr. Pramod Bhandari – Chief Financial Officer
Primary Numbers:	+91 22 6280 1309 / +91 22 7115 8210
Toll Free – USA:	1 866 746 2133
Toll Free – UK:	0 808 101 1573
Toll Free – Singapore:	800 101 2045
Toll Free – Hong Kong:	800 964 448

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.68%	+3.23%	-0.11%	+10.85%	-9.31%	-28.10%

IG Petrochemicals Limited announced a series of leadership changes at its Board of Directors meeting held on 18th May, 2026. The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:30 p.m. and concluded at 6:00 p.m.

Key Leadership Changes

The Board, acting on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Shri Sagar Jadhav as Executive Director, while also overseeing a transition in the Chief Human Resources Officer role. The following table summarises the personnel changes announced:

Parameter:	Shri Sagar Jadhav	Dr. Rajkumar VP	Shri Pramod Sanap
Change Type:	Re-appointment as Executive Director	Resignation as Chief Human Resources Officer	Appointment as Chief Human Resources Officer
Effective Date:	1st July, 2026	18th May, 2026	19th May, 2026
DIN:	09547029	N.A.	N.A.

Executive Director Re-appointment

Shri Sagar Jadhav has been re-appointed as Executive Director for a period of three years with effect from 1st July, 2026, subject to the approval of the members of the Company. Jadhav holds a B.E. in Chemical Engineering from Pune University and brings more than 30 years of experience in the management of the chemical industry across various products, functions, and multiple plant locations. His areas of expertise include:

Safety, health, and environment management
Project planning and control
IMS and EnMS
FDA Plant operations
Budget and cost control
Total quality management
Engineering services management
Cost optimisation and debottlenecking

The Board also confirmed that Shri Sagar Jadhav is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority.

CHRO Transition

The Board accepted the resignation of Dr. Rajkumar VP as Chief Human Resources Officer, designated as Senior Management Personnel, with effect from the close of working hours on 18th May, 2026. Consequent to this, the Board appointed Shri Pramod Sanap as the new Chief Human Resources Officer and Senior Management Personnel of the Company with effect from 19th May, 2026.

Shri Pramod Sanap holds a Master's Degree in Labour Studies from Mumbai University and has over 18 years of experience in Human Resources and Employee Relations. He has previously held senior leadership roles with Laxmi Organic Industries Limited as Senior Vice President – HR & ER, as well as with Hindustan Unilever Limited, AkzoNobel India Limited, and Diageo India.

The relevant disclosures were made in accordance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, and the disclosure confirms that no relationships exist between the directors involved in the appointments.