Indo Rama Synthetics (India) Limited reported a consolidated net profit of ₹150.21 crore for the financial year ended March 31, 2026, a significant increase from ₹1.40 crore in the previous year. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026. Despite the profitability, the board stated that the company is unable to declare a dividend for FY26 based on the financial results.

The audit reports for both standalone and consolidated financial results were submitted with unmodified opinions. M/s S S Kothari Mehta & Co. LLP, the statutory auditors, confirmed the unmodified opinion in their report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published the extract of these audited financial results in Business Standard (all India Edition, English) and Loksatta (Nagpur edition, Marathi) on May 26, 2026, in accordance with Regulation 47 (1) (b) of SEBI (LODR) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹64.13 crore, compared to ₹51.07 crore in the same period of the previous year. Q4 revenue stood at 12b Rupees versus 11.98b Rupees in the same quarter of the previous year. Q4 EBITDA came in at 1.6b Rupees compared to 770m Rupees in the year-ago period, while EBITDA margin expanded sharply to 13.39% from 6.42%, reflecting the impact of aggressive cost-cutting measures and improved market conditions. For the full year FY26, total income increased by 14.94% to ₹4,929.01 crore, and EBITDA grew to ₹368.25 crore from ₹207.99 crore in FY25.

The table below summarises the key consolidated financial metrics for the quarter and full year:

The standalone financial results showed a net profit of ₹110.03 crore for FY26, compared to ₹20.08 crore in the previous year. Revenue from operations for the year stood at ₹4,518.73 crore. The company recorded an exceptional item of ₹2.69 crore related to employee benefit expenses due to the implementation of new labour codes.

Auditor Appointments and AGM

The board approved the appointment of M/s Deloitte Haskins & Sells LLP as Internal Auditors for the financial year 2026-27. The firm was appointed for a one-year term effective May 25, 2026. Additionally, Mr. R. Krishnan was re-appointed as the Cost Auditor for the financial year 2026-27 for a one-year term starting May 25, 2026.

The 40th Annual General Meeting has been scheduled for Tuesday, September 8, 2026. The meeting will be conducted through Video Conferencing/OAVM facility, subject to relevant MCA and SEBI circulars and regulations.

Indo Rama Synthetics (India) Limited has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Monday, 25th May 2026. The intimation was issued on 16th May 2026 by Company Secretary and Compliance Officer Ashok Yadav, pursuant to Regulation 29(1)(a) and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Purpose of the Board Meeting

The primary agenda of the board meeting is to consider and approve the audited standalone and consolidated financial results of the company. The key details of the scheduled meeting are outlined below:

Trading Window Closure

In line with the company's earlier communication dated 25th March 2026, the Trading Window for dealing in the securities of Indo Rama Synthetics (India) Limited remains closed for designated persons. The closure period and applicable framework are as follows:

The designated persons of the company have been duly informed of the trading window closure in accordance with the applicable regulatory framework.

Availability of Board Meeting Notice

As per the Listing Regulations, the notice of the board meeting is available on the company's official website at www.indoramaindia.com/notices.php . The notice may also be accessed on the websites of the respective stock exchanges — BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com .

Indo Rama Synthetics (India) Limited is headquartered at its Corporate Office in Plot No. 53 & 54, Delhi Press Building, Phase-IV, Udyog Vihar, Gurugram-122015, Haryana, with its Registered Office and Manufacturing Complex located at A-31, MIDC Industrial Area, Butibori, Nagpur - 441 122, Maharashtra.