Ion Exchange (India) quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	700	583	+20.1%
EBITDA	31.7	62.5	−49.2%
EBITDA margin	4.5%	10.7%	−6.2 pts
Profit before tax	7.0	65.5	−89.3%
Net profit	3.1	48.4	−93.7%
EPS	₹0.35	₹4.11	−91.5%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	700	863	734	734	583	835	691	644	568	782	554	533	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	6.0	43.1	11.5	14.3	17.7	14.8	8.4	14.4	11.1	16.9	8.8	9.6
	706	906	746	748	601	849	699	659	579	799	563	543
	413	586	436	453	318	523	417	378	317	482	307	328
	40.4	42.6	39.0	35.2	29.5	29.5	29.3	25.2	23.8	25.1	22.9	22.2
	−7.0	−39.2	−13.1	−28.8	−4.3	−11.5	−9.7	5.5	−2.2	6.4	1.5	−18.7
	109	115	105	98.6	96.1	88.9	84.3	81.5	86.9	80.8	71.8	69.1
	9.0	10.8	7.6	3.1	2.6	3.6	3.3	3.6	2.9	3.2	3.2	3.6
	21.8	19.6	18.6	12.2	12.3	11.8	11.3	10.9	10.4	10.4	9.6	8.5
	113	139	109	107	80.9	119	94.2	85.9	77.7	95.6	80.1	72.0
	699	874	701	681	535	764	630	591	517	703	496	485
	31.7	19.9	59.3	68.5	62.5	85.8	75.5	68.3	64.2	92.2	70.6	60.4
	10.0	0.3	40.7	56.3	50.3	74.0	64.1	57.4	53.8	81.8	61.0	51.9
Profit
	7.0	32.5	44.6	67.5	65.5	85.2	69.2	68.1	61.9	95.4	66.6	57.9
	0.0	0.1	−17.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	7.0	32.6	27.7	67.5	65.5	85.2	69.2	68.1	61.9	95.4	66.6	57.9
	4.7	17.8	7.8	17.3	16.0	25.0	15.7	18.7	17.5	18.8	20.8	16.9
	−0.3	−9.6	0.4	0.6	1.5	−3.1	4.5	−1.0	−0.0	3.9	−0.9	−0.3
	4.3	8.2	8.1	17.9	17.5	21.9	20.2	17.7	17.5	22.7	19.9	16.6
	0.4	−0.1	1.0	0.4	0.5	−0.1	0.6	0.2	0.4	−0.2	0.6	1.1
	3.1	24.3	20.6	49.9	48.4	63.2	49.6	50.6	44.8	72.5	47.2	42.4
	2.7	24.4	19.5	49.6	48.0	63.3	49.0	50.5	44.4	72.7	46.6	41.3
	0.4	1.5	0.7	2.7	2.1	0.9	−0.9	0.5	−0.4	0.6	−0.2	−0.4
	3.4	25.8	21.3	52.6	50.5	64.2	48.7	51.2	44.4	73.1	47.0	42.0
	4.1	24.1	20.3	49.5	48.7	63.4	48.6	50.9	45.0	72.8	47.5	42.5
	−1.1	0.2	0.3	0.4	−0.3	−0.1	1.0	−0.3	−0.2	−0.3	−0.2	−0.2
Per share
	₹0.35	₹2.04	₹1.71	₹4.18	₹4.11	₹5.34	₹4.10	₹4.30	₹3.79	₹6.14	₹4.00	₹3.59
	₹0.35	₹2.04	₹1.71	₹4.18	₹4.11	₹5.34	₹4.10	₹4.30	₹3.79	₹6.14	₹4.00	₹3.59
Other comprehensive income — detail
	0.4	1.5	0.7	2.7	2.1	0.9	—	—	—	—	—	—
	−0.2	−1.0	−0.2	−0.0	−0.1	0.3	−0.3	−0.3	−0.3	1.1	−0.8	−0.8
	−0.1	−0.2	−0.0	0.0	−0.0	0.2	—	—	—	—	—	—
	—	—	—	—	—	—	−0.1	−0.1	−0.1	0.3	−0.2	−0.2
	0.5	2.3	0.8	2.7	2.2	0.9	−0.7	0.7	−0.1	−0.2	0.4	0.2
	4.1	25.6	20.8	51.8	50.8	64.3	47.6	51.4	44.5	73.5	47.2	42.0
	−0.7	0.2	0.4	0.8	−0.2	−0.1	1.1	−0.2	−0.1	−0.4	−0.2	−0.1
Per share — as-filed variants
	₹0.35	₹2.04	₹1.71	₹4.18	₹4.11	₹5.34	₹4.10	₹4.30	₹3.79	₹6.14	₹4.00	₹3.59
	₹0.35	₹2.04	₹1.71	₹4.18	₹4.11	₹5.34	₹4.10	₹4.30	₹3.79	₹6.14	₹4.00	₹3.59
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	254	274	273	275	240	293	254	236	229	269	223	201
	36.2%	31.8%	37.2%	37.4%	41.1%	35.1%	36.8%	36.6%	40.3%	34.4%	40.2%	37.8%
Adjusted (ex-exceptional items) — derived
	7.0	32.5	44.6	67.5	65.5	85.2	69.2	68.1	61.9	95.4	66.6	57.9
	0.0	0.1	−17.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	3.1	24.2	32.5	49.9	48.4	63.2	49.6	50.6	44.8	72.5	47.2	42.4
	₹0.35	₹2.03	₹2.71	₹4.18	₹4.11	₹5.34	₹4.10	₹4.30	₹3.79	₹6.14	₹4.00	₹3.59

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

IONEXCHANG₹347.15

Ion Exchange (India) Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersTHERMAX KPIGREEN GMRP&UI EIEL PTC RTNPOWER KARMAENG WABAGMcap ₹4,940 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	533.0	553.9	781.8	567.6	644.5	690.5	834.6	583.2	733.9	734.4	863.3	700.5
Other Income	9.6	8.8	16.9	11.1	14.4	8.4	14.8	17.7	14.3	11.5	43.1	6.0
Total Income	542.5	562.7	798.7	578.6	658.8	698.9	849.4	600.9	748.2	746.0	906.3	706.4
Expenses
+ Cost of Materials Consumed	328.0	306.9	481.6	317.2	378.1	417.0	523.3	318.4	452.9	435.7	585.7	413.5
+ Purchases of Stock-in-Trade	22.2	22.9	25.1	23.8	25.2	29.3	29.5	29.5	35.2	39.0	42.6	40.4
+ Changes in Inventories	-18.7	1.5	6.4	-2.2	5.5	-9.7	-11.5	-4.3	-28.8	-13.1	-39.2	-7.0
+ Employee Benefit Expense	69.1	71.8	80.8	86.9	81.5	84.3	88.9	96.1	98.6	104.6	115.3	108.6
+ Finance Costs	3.6	3.2	3.2	2.9	3.6	3.3	3.6	2.6	3.1	7.6	10.8	9.0
+ Depreciation & Amortisation	8.5	9.6	10.4	10.4	10.9	11.3	11.8	12.3	12.2	18.6	19.6	21.8
+ Other Expenses	72.0	80.1	95.6	77.7	85.9	94.2	118.6	80.9	107.5	109.1	139.0	113.2
Total Expenses	484.6	496.1	703.3	516.7	590.7	629.7	764.2	535.5	680.7	701.3	873.8	699.4
EBITDA	60.4	70.6	92.2	64.2	68.3	75.5	85.8	62.5	68.5	59.3	19.9	31.7
EBIT	51.9	61.0	81.8	53.8	57.4	64.1	74.0	50.3	56.3	40.7	0.3	10.0
Profit
PBT before Exceptional Items	57.9	66.6	95.4	61.9	68.1	69.2	85.2	65.5	67.5	44.6	32.5	7.0
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-17.0	0.1	0.0
Pretax Income	57.9	66.6	95.4	61.9	68.1	69.2	85.2	65.5	67.5	27.7	32.6	7.0
+ Current Tax	16.9	20.8	18.8	17.5	18.7	15.7	25.0	16.0	17.3	7.8	17.8	4.7
+ Deferred Tax	-0.3	-0.9	3.9	-0.0	-1.0	4.5	-3.1	1.5	0.6	0.4	-9.6	-0.3
Tax Expense	16.6	19.9	22.7	17.5	17.7	20.2	21.9	17.5	17.9	8.1	8.2	4.3
+ Share of Associates & JVs	1.1	0.6	-0.2	0.4	0.2	0.6	-0.1	0.5	0.4	1.0	-0.1	0.4
Net Income	42.4	47.2	72.5	44.8	50.6	49.6	63.2	48.4	49.9	20.6	24.3	3.1
+ Net Income — Continuing Ops	41.3	46.6	72.7	44.4	50.5	49.0	63.3	48.0	49.6	19.5	24.4	2.7
+ Other Comprehensive Income	-0.4	-0.2	0.6	-0.4	0.5	-0.9	0.9	2.1	2.7	0.7	1.5	0.4
Total Comprehensive Income	42.0	47.0	73.1	44.4	51.2	48.7	64.2	50.5	52.6	21.3	25.8	3.4
Net Income to Common	42.5	47.5	72.8	45.0	50.9	48.6	63.4	48.7	49.5	20.3	24.1	4.1
Minority Interest	-0.2	-0.2	-0.3	-0.2	-0.3	1.0	-0.1	-0.3	0.4	0.3	0.2	-1.1
Per Share
Basic EPS	3.59	4.00	6.14	3.79	4.30	4.10	5.34	4.11	4.18	1.71	2.04	0.35
Diluted EPS	3.59	4.00	6.14	3.79	4.30	4.10	5.34	4.11	4.18	1.71	2.04	0.35
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	0.9	2.1	2.7	0.7	1.5	0.4
+ Items NOT to be Reclassified to P&L	-0.8	-0.8	1.1	-0.3	-0.3	-0.3	0.3	-0.1	-0.0	-0.2	-1.0	-0.2
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	0.2	-0.0	0.0	-0.0	-0.2	-0.1
+ Tax on Items NOT to be Reclassified — alt tag	-0.2	-0.2	0.3	-0.1	-0.1	-0.1	—	—	—	—	—	—
+ Items to be Reclassified to P&L	0.2	0.4	-0.2	-0.1	0.7	-0.7	0.9	2.2	2.7	0.8	2.3	0.5
Comprehensive Income — Owners of Parent	42.0	47.2	73.5	44.5	51.4	47.6	64.3	50.8	51.8	20.8	25.6	4.1
Comprehensive Income — Non-controlling Interests	-0.1	-0.2	-0.4	-0.1	-0.2	1.1	-0.1	-0.2	0.8	0.4	0.2	-0.7
Per Share — as-filed variants
Basic EPS — Continuing Operations	3.59	4.00	6.14	3.79	4.30	4.10	5.34	4.11	4.18	1.71	2.04	0.35
Diluted EPS — Continuing Operations	3.59	4.00	6.14	3.79	4.30	4.10	5.34	4.11	4.18	1.71	2.04	0.35
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	201.5	222.5	268.7	228.7	235.7	254.0	293.3	239.6	274.6	272.9	274.2	253.6
Gross Margin %	37.80	40.17	34.36	40.30	36.57	36.78	35.15	41.09	37.41	37.16	31.76	36.20
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	57.9	66.6	95.4	61.9	68.1	69.2	85.2	65.5	67.5	44.6	32.5	7.0
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-17.0	0.1	0.0
Net Income Adj (tax-effected)	42.4	47.2	72.5	44.8	50.6	49.6	63.2	48.4	49.9	32.5	24.2	3.1
EPS Adj	3.59	4.00	6.14	3.79	4.30	4.10	5.34	4.11	4.18	2.71	2.03	0.35
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Paid Up Equity Capital	14.2	14.2	14.2	14.2	14.2	14.2	14.2	14.2	14.2	14.2	14.2	14.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ion Exchange Q2 FY27 results date

Ion Exchange (NSE: IONEXCHANG) will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, according to the board-meeting notice it filed on 28 October 2026. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit attributable to shareholders was ₹4.1 crore, down 91.6% from ₹48.7 crore in Q1 FY26 and down 83.0% from ₹24.1 crore in Q4 FY26. Revenue from operations was ₹700 crore, up 20.1% year on year and down 18.9% from the previous quarter.

Board-meeting notice filed: 28 October 2026
Q2 FY26 results (a year earlier): 4 November 2025
Q1 FY27 results (the latest): 5 August 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results date: 3 November 2026Tuesday · notice filed 28 Oct
Q1 FY27 net profit: ₹4.1 Cr−91.6% vs Q1 FY26−83.0% vs Q4 FY26
Q1 FY27 revenue: ₹700 Cr+20.1% vs Q1 FY26−18.9% vs Q4 FY26
Q1 FY27 operating margin: 1.4%−7.2 pts vs Q1 FY26+1.4 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹49.5 CrRevenue ₹734 Cr
Q1 FY27 EPS (basic): ₹0.35

Questions

When will Ion Exchange announce its Q2 FY27 results?

On 3 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 28 October 2026). Last year it reported Q2 FY26 on 4 November 2025.

What were Ion Exchange's Q1 FY27 results?

Consolidated net profit attributable to shareholders was ₹4.1 crore, down 91.6% from ₹48.7 crore in Q1 FY26 and down 83.0% from ₹24.1 crore in Q4 FY26. Revenue from operations was ₹700 crore, up 20.1% year on year and down 18.9% from the previous quarter.

What was Ion Exchange's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹143 crore in FY26 (April 2025–March 2026), down 31.3% from ₹208 crore in FY25. It was ₹196 crore in FY24 and ₹197 crore in FY23: down 27.5% over three years, an average fall of 10.2% a year.

What will Ion Exchange's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit attributable to shareholders was ₹49.5 crore and revenue from operations ₹734 crore. The latest quarter, Q1 FY27, had a net profit of ₹4.1 crore and revenue of ₹700 crore.

How has Ion Exchange's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹49.5 crore in Q2 FY26, ₹20.3 crore in Q3 FY26, ₹24.1 crore in Q4 FY26 and ₹4.1 crore in Q1 FY27. That is ₹98.1 crore over the four quarters, down 53.6% from ₹212 crore in the four quarters before. Revenue from operations: ₹734 crore, ₹734 crore, ₹863 crore and ₹700 crore.

What was Ion Exchange's revenue in FY26?

Revenue from operations was ₹2,915 crore in FY26 (April 2025–March 2026), up 6.5% from ₹2,737 crore in FY25. It was ₹2,348 crore in FY24 and ₹1,990 crore in FY23: up 46.5% over three years, 13.6% a year on average.

Where do these Ion Exchange figures come from?

From Ion Exchange's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.