| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 52.53 | 16.7% | 15.4% |
| Total Income | 55.17 | 15.2% | 16.7% |
| Expenditure | 51.48 | 10.3% | 17.7% |
| PBT | 3.69 | 208.8% | 0.3% |
| Net Profit | 2.86 | 236.9% | 7.8% |
| OPM | 5.82% | 5.24pp | 9.64pp |
| NPM | 5.19% | 3.42pp | 0.51pp |
| EPS | 1.23 | 141.2% | 8.2% |
Indag Rubber Reports 15% QoQ Revenue Growth in Q2 FY26, EBITDA Increases 57% QoQ
10 Nov 2025 · 10 Nov 2025, 08:12 pm
Summary
Indag Rubber Limited, one of India’s leading tread manufacturing Company, has declared its audited financial results for the quarter and half ended 30° September 2025. The company reported an improvement in both growth and profitability on a sequential basis, supported by a better sales mix, improved realizations, and cost optimization. Revenue grew 15% QoQ to 355 crore, while EBITDA increased 57% QoQ to 36 crore, leading to a 300 bps expansion in margins to 11.3%. Profit After Tax stood at 33.6 crore, reflecting a 96% QoQ growth.
Key Highlights
- 1
Q2 FY26 Revenue grew 15% QoQ to 355 crore
- 2
Q2 FY26 EBITDA increased 57% QoQ to 36 crore
- 3
Q2 FY26 saw a 300 bps expansion in margins to 11.3%
- 4
Q2 FY26 Profit After Tax stood at 33.6 crore, reflecting a 96% QoQ growth
- 5
H1 FY26 marked a period of steady progress for the company
- 6
Company began to see signs of recovery in Q2FY26
- 7
Business continues to strengthen, supported by improving gross margins and prudent cost management
- 8
Company is witnessing steady growth in customer acceptance of retreading as a reliable and sustainable alternative to new tyres
Management Comments
Mr. Vijay Shrinivas
CEO, Indag Rubber Limited
During Q2 FY26, we reported an improvement in both growth and profitability on a sequential basis, supported by a better sales mix, improved realizations, and our continued focus on cost optimization. The quarter also saw healthy volume growth in our core aftermarket business.
Informational and educational content only. Not investment advice.