IEL Limited , a company operating in the chemical business sector, has announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company's performance shows a significant downturn compared to the same period last year.

Financial Performance

IEL Limited reported a net loss before tax of Rs 87.09 lakh for the quarter, a stark contrast to the profit of Rs 56.94 lakh in the corresponding quarter of the previous year. This represents a negative swing of Rs 144.03 lakh in the company's bottom line.

Total income for the quarter decreased substantially to Rs 0.17 lakh from Rs 5.02 lakh in the same quarter last year, indicating a significant reduction in revenue-generating activities.

Balance Sheet Highlights

As of September 30, 2025, IEL Limited's financial position shows:

The company's total assets stood at Rs 4,606.84 lakh, with total equity of Rs 4,395.39 lakh. Cash and cash equivalents were reported at Rs 25.83 lakh, showing a significant decrease from Rs 2,521.85 lakh at the end of the previous financial year.

Cash Flow and Liquidity

The cash flow statement reveals a substantial decrease in cash and cash equivalents:

• Net cash used in operating activities: Rs 2,494.27 lakh
• Net decrease in cash and cash equivalents: Rs 2,496.02 lakh

This significant reduction in cash reserves may raise concerns about the company's liquidity position and its ability to meet short-term obligations.

Audit Review

The financial results were reviewed by the statutory auditors, Maark & Associates, who issued a limited review report. The auditors noted that the balances of Loans & Advances, Trade Receivables, and Trade Payables are subject to Management Confirmation.

Earnings Per Share

The Basic and Diluted Earnings per share for the quarter stood at -0.010, compared to 0.040 in the corresponding quarter of the previous year, reflecting the impact of the reported loss on shareholder value.

IEL Limited's board of directors approved these unaudited standalone financial results at their meeting held on November 10, 2025. The company continues to operate under the Chemical Business segment, which is considered to be its only reportable business segment as per Ind AS-108.

Investors and stakeholders may need to closely monitor the company's performance in the coming quarters, given the significant decrease in income and the reported loss.

IEL Limited has announced a strategic expansion into the solar, renewable, and conventional energy sectors, marking a significant shift in the company's business focus. The move aims to position IEL as a comprehensive power solutions provider in India's rapidly evolving energy landscape.

Diversified Energy Portfolio

The company plans to generate, develop, and supply power using a wide range of energy sources, including:

• Solar energy
• Wind power
• Hydroelectric power
• Tidal energy
• Thermal power
• Coal and lignite-based energy
• Wave energy
• Other renewable and non-renewable forms

Infrastructure Development

As part of this expansion, IEL Limited will establish state-of-the-art facilities across various energy sectors:

• Power plants
• Wind turbines and wind parks
• Solar parks and solar energy systems
• Hydel power stations
• Renewable energy systems
• Thermal stations

Manufacturing and Partnerships

IEL will also engage in the manufacture, trade, import, export, and installation of power-related equipment and machinery. The company plans to forge partnerships with other companies, government bodies, and semi-government organizations to deliver reliable power solutions.

Strategic Vision

Ajay Gupta, Managing Director of IEL Limited, emphasized the company's mission: "Our mission is to power progress by combining innovation with sustainability. With our entry into the energy sector, we aim to create a diversified portfolio that addresses the growing demand for clean energy while also supporting conventional power needs."

Focus on Innovation and Efficiency

IEL Limited is committed to modernization and innovation in the energy sector. The company plans to focus on renovation, upgradation, and installation of cutting-edge technology to enhance efficiency and meet India's rising energy requirements.

Long-term Commitment

This strategic expansion reflects IEL Limited's long-term commitment to supporting national and global goals of energy security, sustainability, and inclusive growth. By diversifying into both renewable and conventional energy sectors, the company aims to play a significant role in shaping India's energy future.

Shareholder Approval

In a recent Annual General Meeting, IEL Limited's shareholders approved the alteration of the company's Memorandum of Association to include the new energy-related objectives. The resolution passed with an overwhelming majority, with 99.97% of votes cast in favor of the expansion.

IEL Limited's move into the comprehensive energy sector represents a major pivot for the company, aligning its business strategy with India's growing energy needs and global sustainability trends. As the company embarks on this new journey, stakeholders will be watching closely to see how this diversification impacts IEL's growth and market position in the coming years.