IRM Energy Q2FY27: Revenue up 29%, PAT more than doubles

IRM Energy Limited announced its financial results for the quarter and half-year ended September 30, 2026. For Q2FY27, revenue from operations increased by 28.70% to ₹333.91 crore, while Profit After Tax (PAT) more than doubled, rising by 102.50% to ₹25.43 crore. EBITDA also saw a significant jump of 77.23% to ₹47.32 crore, with EBITDA margin expanding by 388 bps to 14.17%. Total sales volume reached an all-time quarterly high of 61.23 mmscm, a 12.02% YoY growth, driven by a 24.58% increase in CNG volume and a 50% surge in PNG Commercial volume. For H1FY27, revenue grew by 26.41% to ₹659.76 crore, and PAT more than doubled, increasing by 123.75% to ₹59.23 crore. EBITDA more than doubled to ₹109.10 crore, with margins expanding by 646 bps to 16.54%. The company highlighted its net-debt-free financial position and focus on sustainable growth.