Indo Gulf Industries Reports 79% Revenue Surge in Q2 FY2026
Indo Gulf Industries Limited, an industrial explosives manufacturer, announced strong Q2 FY2026 results. Revenue increased by 79% quarter-on-quarter to ₹47.22 crore, with a net profit of ₹67.34 lakhs. The company also reported improvements in debt service coverage ratio and inventory turnover. The unaudited results were approved by the Board of Directors on November 13, 2025, with auditors issuing an unmodified opinion.

*this image is generated using AI for illustrative purposes only.
Indo Gulf Industries Limited , a prominent industrial explosives manufacturer, has announced impressive financial results for the second quarter of fiscal year 2026, demonstrating significant growth and operational efficiency gains.
Strong Financial Performance
The company posted a remarkable increase in revenue for the quarter ended September 30, 2025:
| Financial Metric | Q2 FY2026 | Q1 FY2026 | QoQ Growth |
|---|---|---|---|
| Revenue | 47.22 | 26.36 | 79% |
| Net Profit | 0.67 | - | - |
The substantial 79% quarter-on-quarter revenue growth highlights the company's strong market position and effective business strategies. Additionally, Indo Gulf Industries reported a net profit of ₹67.34 lakhs for the quarter, indicating a positive bottom-line performance.
Operational Efficiency Improvements
The company's financial report also revealed enhancements in key operational metrics:
Improved Debt Service Coverage Ratio: This suggests better ability to meet debt obligations, potentially indicating stronger cash flows or improved debt management.
Enhanced Inventory Turnover: A higher inventory turnover ratio points to more efficient inventory management, potentially leading to reduced holding costs and improved cash flow.
These improvements in financial metrics underscore Indo Gulf Industries' focus on operational efficiency and prudent financial management.
Industry Context
As an industrial explosives manufacturer, Indo Gulf Industries' strong performance may reflect increased demand in sectors such as mining, construction, and infrastructure development. The significant revenue growth could be indicative of broader economic activities in these related industries.
Looking Ahead
While the company has shown impressive growth, it's important for investors and stakeholders to monitor how Indo Gulf Industries maintains this momentum in the coming quarters. Factors such as raw material costs, regulatory environment, and overall economic conditions will play crucial roles in the company's continued performance.
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2025. The company's auditors, Hemant Arora & Co. LLP, have issued an unmodified opinion on the financial statements, providing additional assurance to stakeholders on the accuracy of the reported figures.
Historical Stock Returns for Indo Gulf Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |




























