IFGL Refractories Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IFGL Refractories reported steady Q2 FY26 results. Standalone revenue grew 12% YoY to INR 288 Cr, with PAT up 9% to INR 15 Cr. Consolidated revenue rose 18% YoY to INR 490 Cr. Domestic business surged 27% YoY, now comprising 78% of standalone revenue. US operations improved with 26% revenue growth, while Monocon UK targets breakeven this fiscal year. Greenfield projects in Khordha and Gujarat are progressing. Management is confident in sustaining growth, expecting stable pricing and raw material costs, and highlights strong future demand for dolomite refractories.