IRM Energy Limited has officially announced its unaudited financial results for the quarter ended December 31, 2025, under Regulation 33 of the SEBI Listing Regulations. The Board of Directors approved the results during their meeting held on February 03, 2026, demonstrating robust operational performance with consolidated net profit reaching ₹139.78 million compared to ₹100.98 million in the corresponding quarter of the previous year, representing a strong 38.42% year-on-year growth. The company's quarterly revenue reached ₹2,886.93 million compared to ₹2,733.16 million in the previous year.

Investor Presentation Submission

Pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015, IRM Energy Limited submitted its investor presentation on February 04, 2026, to both National Stock Exchange of India Limited and BSE Limited. The presentation covers comprehensive details of the unaudited financial results for the quarter and nine months ended December 31, 2025, providing stakeholders with detailed insights into the company's operational and financial performance.

Financial Performance Highlights

The company delivered exceptional financial results across key metrics, with substantial improvements in profitability driven by operational efficiency and volume growth. The EBITDA performance showed remarkable improvement with ₹296.30 million compared to ₹222.00 million in the corresponding quarter, while EBITDA margin expanded significantly to 11.18% from 8.85% year-on-year.

Operational Performance and Volume Growth

IRM Energy achieved strong operational performance during Q3FY26 with significant improvements across business segments. The company continues to expand its city gas distribution network with substantial additions in customer base and infrastructure development.

Nine-Month Performance

For the nine months ended December 31, 2025, IRM Energy maintained strong performance with revenue from operations of ₹7,869.80 million compared to ₹7,076.20 million in the corresponding period of the previous year, representing an 11.22% growth.

Board Appointments and Corporate Governance

The Board of Directors approved the appointment of Mr. Vivek Vishwas Wathodkar as Additional Independent Director with effect from February 03, 2026. Mr. Wathodkar brings over 32 years of extensive experience in the energy sector, including natural gas pipeline construction, city gas distribution, and LNG infrastructure.

IPO Proceeds Utilization

The company continues to deploy its IPO proceeds strategically, with ₹2,773.45 million utilized out of the total ₹4,957.59 million as of December 31, 2025. The major allocation includes ₹893.20 million for CGD network development in Tamil Nadu and complete repayment of ₹1,350.00 million in outstanding borrowings.

Investment Recovery Initiatives

IRM Energy is actively pursuing recovery of investments in joint ventures and associate companies. The company has ₹37.35 million invested in Venuka Polymers Private Limited, with ₹22.35 million due for redemption, and ₹44.50 million in Farm Gas Private Limited, along with business advances of ₹122.82 million under recovery.

IRM Energy Limited has announced a significant organizational development with the categorization of Mr. Ashish Mittal as Senior Management Personnel (SMP). The company informed stock exchanges about this strategic appointment through a regulatory filing dated December 29, 2025.

Board Approval and Regulatory Compliance

The Board of Directors approved Mittal's categorization as SMP through a circular resolution passed on December 29, 2025, acting on the recommendation of the Nomination and Remuneration Committee. This appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Expertise

Ashish Mittal brings extensive experience to his elevated role, with over 16 years in the City Gas Distribution and Natural Gas downstream sector. His professional journey includes significant exposure to energy consulting across multiple industry verticals.

Prior to his current role at IRM Energy Limited, Mittal has worked with several prominent organizations in the energy sector:

• KPMG India
• Ultra Gas & Energy Limited
• Mahanagar Gas Limited
• Sabarmati Gas Limited

Areas of Specialization

Throughout his career, Mittal has executed assignments across diverse functional areas that align with his new senior management responsibilities:

• Marketing and Business Development
• Regulatory Affairs
• Pricing Strategy
• Market Entry Strategy
• Digital Transformation
• Operational Optimization

Academic Qualifications

Mittal's educational background demonstrates specialized knowledge in the energy sector:

Strategic Implications

The categorization of Mittal as Senior Management Personnel reflects IRM Energy Limited's focus on strengthening its leadership structure in commercial and marketing functions. This organizational change aligns with modifications in the company's reporting structure and the strategic allocation of functional responsibilities to enhance operational efficiency.

The company has confirmed that this appointment involves no relationships between directors, maintaining corporate governance standards. Mittal will continue in his existing full-time employment capacity while taking on expanded senior management responsibilities.