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IP Rings Ltd consolidated sales up 10.97% on year in Q2FY2026, net profit surged by 36.28%
13-Aug-2026, 09:24
IP Rings Ltd share price slipped 0.15% to Rs 130.2. The Company's net profit saw a strong growth of 36.28% to Rs 1.54 crore, while revenue from operations edged up 10.97% to Rs 96.03 crore in Q2FY26 over Q1FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 10.73 lakh crore, gaining 4.04%. It has marginally improved by 2.59% over last one week and spiked sharply by 19% in last one month while the market capitalization of IP Rings Ltd has improved by 4.16% and 8.95% in the same period respectively. Profit before tax (PBT) of IP Rings Ltd stood at Rs 2.03 crore in Q2 FY26, surging by 497.06% year-on-year, and rallying 66.39% quarter-on-quarter. EBITDA came in at Rs 8 crore, advancing by 13.49% YoY and expanding by 89.79% sequentially. Total expenses inched up 9.60% to Rs 91.54 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 33.17 crore, jumping 21.19% YoY, while employee benefits expense was at Rs 11.05 crore, inching up 1.56% YoY. For the TTM ended FY26, revenue from operations grew 11.01% to Rs 336.79 crore, while net profit witnessed a sharp fall of 138.83% to Rs 1.72 crore, compared to previous TTM. EBITDA soared by 1842% to Rs 23.64 crore, and PBT plunged by 149.39% to Rs 2.83 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 8.36 crore in FY26, as against Rs 19.39 crore in FY25. IP Rings Ltd crashed 21.56% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.