NGL Fine-Chem Limited reported a significant surge in profitability for the first quarter of FY26, driven by robust top-line growth and improved operating leverage. The company’s standalone net profit after tax jumped 115% year-on-year to ₹1,645.13 lakh, compared to ₹764.41 lakh in the corresponding quarter of FY25. On a consolidated basis, net profit rose 99% to ₹1,839.72 lakh from ₹924.06 lakh in Q1FY25.

Financial Performance

Revenue from operations expanded sharply across both reporting lines. Standalone total income from operations grew 34% YoY to ₹14,406.99 lakh, up from ₹10,741.15 lakh in Q1FY25. Consolidated revenue increased 32% to ₹14,659.09 lakh, compared to ₹11,053.89 lakh in the prior year period.

The improvement in the bottom line outpaced revenue growth, indicating operational efficiency gains. Standalone pre-tax profit (before exceptional items) more than doubled to ₹2,174.51 lakh from ₹971.47 lakh. Consolidated pre-tax profit similarly rose 106% to ₹2,447.68 lakh.

What the Numbers Show

The divergence between revenue growth and profit growth highlights strong margin expansion. While standalone revenue grew 34%, standalone net profit before tax grew 124%. This suggests that operating margins widened significantly during the quarter, allowing the company to convert a larger proportion of incremental sales into profit. The tax rate remained relatively stable, with effective tax impacting the bottom line consistently with prior periods.

Shareholder Returns and Capital Structure

Earnings per share (EPS) reflected the profit surge. Standalone basic EPS rose to ₹26.63 from ₹12.37 in the same quarter last year. Consolidated basic EPS increased to ₹29.78 from ₹14.96.

Paid-up equity share capital remained unchanged at ₹308.90 lakh. Reserves as shown in the audited balance sheet of the previous year stood at ₹31,684.77 lakh on a standalone basis and ₹32,614.89 lakh on a consolidated basis.

Corporate Governance

The unaudited financial results for the quarter ended June 30, 2026 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 12, 2026. The statutory auditors carried out a limited review of the statement. The full format of the financial results is available on the company’s website and stock exchange portals.

NGL Fine Chem reported a strong start to the fiscal year, with first-quarter net profit doubling year-on-year to ₹184 million. The chemical manufacturer saw its bottom line surge from ₹92 million in the corresponding period of the previous year, driven by robust topline growth and significant margin expansion.

Revenue for the quarter climbed 35% to ₹1.4 billion, up from ₹1.04 billion in the prior year. This topline growth was accompanied by a sharp improvement in operating profitability, with EBITDA rising to ₹233 million from ₹110 million. Consequently, the EBITDA margin expanded to 16.74%, compared to 10.54% in the previous year.

What the numbers show

The divergence between revenue growth and profit growth highlights a notable improvement in cost efficiency. While revenue increased 35%, net profit grew 100%. This acceleration in profitability relative to sales indicates that NGL Fine Chem successfully leveraged its higher revenue base to generate disproportionately higher earnings.

The key financial metrics for the quarter are summarised below: