IFGL Refractories Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	18,530	16,530	16,395	13,865	12,595	10,219
Revenue Growth (YoY)	15.92%	0.83%	18.25%	10.08%	23.24%	11.40%
Cost of Revenue	9,875	8,503	8,534	7,414	6,292	4,856
Gross Profit	8,655	8,027	7,861	6,451	6,303	5,364
Selling, General & Admin	3,380	2,956	2,651	2,016	1,775	1,551
Other Operating Expenses	4,000	3,745	3,257	2,902	2,994	2,244
Operating Expenses	7,902	7,161	6,689	5,208	5,120	4,014
Operating Income	752.34	865.64	1,172	1,243	1,183	1,350
Interest Expense	-162.21	-137.51	-110.37	-48.4	-34.08	-30.59
Interest & Investment Income	24.51	24.51	29.29	18.81	34.98	23.83
Other Non Operating Income (Expenses)	12.53	12.53	31.5	8.48	12.94	38.09
EBT Excluding Unusual Items	627.16	765.16	1,123	1,222	1,197	1,381
Impairment of Goodwill	-267	-267	-267	-267	-267	-267
Gain (Loss) on Sale of Investments	73.23	73.23	83.82	41.09	67.74	32.93
Gain (Loss) on Sale of Assets	-1.13	-1.13	-4.28	-1.93	-1.26	-15.05
Other Unusual Items	-23.07	25.14	43.14	63.12	43.26	110.19
Pretax Income	409.21	595.41	978.3	1,057	1,039	1,242
Income Tax Expense	120.74	165.64	161.56	264.93	264.55	586.31
Earnings From Continuing Operations	288.47	429.77	816.74	792.06	774.81	655.91
Net Income	288.47	429.77	816.74	792.06	774.81	655.91
Net Income to Common	288.47	429.77	816.74	792.06	774.81	655.91
Net Income Growth	-38.75%	-47.38%	3.12%	2.23%	18.13%	237.11%
Shares Outstanding (Basic)	72	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72	72
Shares Change (YoY)	0.22%	-	-	-	-	-
EPS (Basic)	3.99	5.96	11.33	10.99	10.75	9.10
EPS (Diluted)	3.99	5.96	11.33	10.99	10.75	9.10
EPS Growth	-38.88%	-47.38%	3.12%	2.23%	18.13%	237.11%
Free Cash Flow	-	-446.4	174.51	-1,303	-617.27	1,083
Free Cash Flow Per Share	-	-6.19	2.42	-18.08	-8.56	15.03
Dividend Per Share	0.500	3.500	3.500	3.500	3.500	2.000
Dividend Growth	-	-	-	-	75.00%	60.00%
Gross Margin	46.71%	48.56%	47.95%	46.52%	50.04%	52.49%
Operating Margin	4.06%	5.24%	7.15%	8.96%	9.39%	13.21%
Profit Margin	1.56%	2.60%	4.98%	5.71%	6.15%	6.42%
Free Cash Flow Margin	-	-2.70%	1.06%	-9.40%	-4.90%	10.60%
EBITDA	1,260	1,309	1,531	1,504	1,396	1,548
EBITDA Margin	6.80%	7.92%	9.34%	10.85%	11.09%	15.15%
D&A For EBITDA	507.42	443.83	359.04	261.63	213.67	198.18
EBIT	752.34	865.64	1,172	1,243	1,183	1,350
EBIT Margin	4.06%	5.24%	7.15%	8.96%	9.39%	13.21%
Effective Tax Rate	29.50%	27.82%	16.51%	25.06%	25.45%	47.20%
Revenue as Reported	18,704	16,704	16,583	13,997	12,754	10,424

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.