Epigral Limited Publishes Q3 FY26 Results: Revenue Declines 7.5% YoY to ₹597.12 Crore
Epigral Limited reported challenging Q3 FY26 results with revenue declining 7.5% YoY to ₹597.12 crore and net profit falling 62.2% to ₹39.15 crore. The company has complied with SEBI regulations by publishing these unaudited financial results in Financial Express, with consolidated results showing minimal variance from standalone figures.

*this image is generated using AI for illustrative purposes only.
Epigral Limited, a leading chloro alkali manufacturer, announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors approved the results at a meeting held on January 30, 2026, showing a challenging quarter with revenue and profitability pressures. The company has also fulfilled its regulatory obligations by publishing these results in Financial Express under Regulation 47 of SEBI listing requirements.
Financial Performance Overview
The company's operational performance reflected mixed trends across key metrics during the quarter:
| Metric: | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹597.12 crore | ₹645.24 crore | -7.5% |
| Total Income: | ₹602.68 crore | ₹649.10 crore | -7.2% |
| Net Profit After Tax: | ₹39.15 crore | ₹103.54 crore | -62.2% |
| Earnings Per Share: | ₹9.08 | ₹24.23 | -62.5% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Epigral's performance showed year-over-year decline in key financial parameters:
| Parameter: | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,791.02 crore | ₹1,922.50 crore | -6.8% |
| Net Profit After Tax: | ₹251.08 crore | ₹270.08 crore | -7.0% |
| Earnings Per Share: | ₹58.20 | ₹64.38 | -9.6% |
Quarterly Performance Trends
The company's sequential performance showed improvement from the previous quarter:
| Quarter Comparison: | Q3 FY26 | Q2 FY26 | Sequential Change |
|---|---|---|---|
| Revenue from Operations: | ₹597.12 crore | ₹587.36 crore | +1.7% |
| Net Profit After Tax: | ₹39.15 crore | ₹51.52 crore | -24.0% |
| Earnings Per Share: | ₹9.08 | ₹11.87 | -23.5% |
Regulatory Compliance and Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Epigral Limited published its unaudited financial results in Financial Express (English & Gujarati edition) on January 31, 2026. Company Secretary & Compliance Officer Gaurang Trivedi confirmed the newspaper publication to both NSE and BSE exchanges.
Consolidated vs Standalone Results
The consolidated financial results, which include associates ReNew Green (GJS Three) Private Limited and Pro-Zeal Green Power Ten Private Limited, showed minimal variance from standalone figures:
| Results Type: | Consolidated Net Profit | Standalone Net Profit | Variance |
|---|---|---|---|
| Q3 FY26: | ₹39.11 crore | ₹39.15 crore | -₹0.04 crore |
| 9M FY26: | ₹251.02 crore | ₹251.08 crore | -₹0.06 crore |
Business Operations and Market Position
Epigral operates primarily in the chloro alkali and its derivatives segment, with sales substantially in the domestic market. The company's business activities fall within a single reportable segment as per Indian Accounting Standards. The financial results demonstrate the company's continued focus on operational efficiency despite challenging market conditions in the chemical sector.

































