Indo-Mim Limited approved its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, during a board meeting held on August 17, 2026. The company published the results in Business Standard and Kannada Prabha newspapers on August 19, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. Krishna Chivukula Jr, Whole Time Director and Chief Executive Officer, signed off on the communication.

Regulatory Compliance

The company submitted the copy of the newspaper advertisement to the National Stock Exchange of India Limited and BSE Limited. The submission was made by Santosh Kumar Dash, Company Secretary and Compliance Officer, on August 19, 2026.

The un-audited financial results and the limited review report issued by the statutory auditors are available on the company’s website.

The Board of Directors of Indo-MIM approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on August 17, 2026. The company reported a consolidated net profit of ₹2,401.2 million, up 31.6% year-on-year (YoY) from ₹1,824.1 million in Q1FY26. Standalone net profit stood at ₹2,231.7 million, rising 23.5% YoY from ₹1,807.4 million.

Consolidated revenue from operations increased 9.4% to ₹12,187.4 million from ₹11,141.0 million in the corresponding quarter of the previous fiscal. Standalone revenue grew 3.2% to ₹10,031.1 million from ₹9,720.5 million. The company also declared an aggregate dividend of ₹6.80 per equity share during the quarter, comprising a first interim dividend of ₹3.50 and a second interim dividend of ₹3.30.

Financial Performance Highlights

The following table outlines the key financial metrics for the quarter:

Total comprehensive income for the consolidated group reached ₹2,430.2 million, compared to ₹1,856.7 million in Q1FY26. Standalone total comprehensive income was ₹2,278.0 million, up from ₹1,817.5 million in the prior year period.

What the Numbers Show

A notable divergence exists between operating performance and other income. While consolidated net profit surged 31.6% YoY, consolidated other income fell sharply by 75.4% to ₹32.1 million from ₹130.7 million in Q1FY26. This indicates that the profit growth was driven primarily by core operational improvements rather than non-operating gains, which had contributed significantly to profits in the prior year quarter.

Furthermore, the company’s operating leverage improved significantly. Consolidated EBITDA rose to ₹4,000 million from ₹3,260 million in Q1FY26, representing a 22.7% increase. This outpaced revenue growth of 9.4%, leading to an expansion in the EBITDA margin to 33.36% from 29.33% in the previous year. The margin expansion underscores improved cost efficiency and operational scale despite the decline in other income.

Corporate Actions and Governance

In addition to financial results, the board appointed M/s. SNM & Associates, Practicing Company Secretaries, as the Secretarial Auditor for a term of five consecutive financial years, from FY27 to FY31. This appointment is subject to member approval at the ensuing Annual General Meeting (AGM).

The board also ratified the Indo-MIM Employees Stock Option Plan, 2024 (ESOP 2024), pending shareholder approval at the AGM. Notice for the company’s 30th AGM for the financial year ended March 31, 2026, was also approved.

Suri & Co., Chartered Accountants, issued a limited review report on the unaudited financial statements, stating that nothing came to their attention to cause them to believe the statements were not prepared in accordance with Ind AS 34 or contained material misstatements.