IFB Industries Limited — Investor Meet, 19-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
19-08-2026 | 05:48 pm
19-08-2026 | 05:48 pm
IFB Industries reported strong Q1 FY27 financial results: revenue grew 16.65% to INR 1,529 Cr, with PAT rising 50% to INR 38.06 Cr. PBDIT margin improved to 5.79%. Management notes ongoing commodity and Forex cost pressures, not fully passed on, but efficiency gains (INR 42-43 Cr savings in Q1) are mitigating impact. Home Appliances Division revenues grew 18%, targeting continued 20% growth. The Engineering business saw 17% growth and aims for INR 2,000 Cr revenue in 3-4 years, contingent on new stamping projects and a reviewed EV battery project. Service business profitability is in double digits. Sentiment remains focused on strategic execution and operational improvements.
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