{"id":180589,"date":"2026-02-13T05:44:49","date_gmt":"2026-02-13T10:44:49","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180589"},"modified":"2026-02-13T05:44:49","modified_gmt":"2026-02-13T10:44:49","slug":"inox-india-reports-record-quarterly-revenue-and-profit-in-q3-fy26-as-exports-and-order-inflows-rise","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/inox-india-reports-record-quarterly-revenue-and-profit-in-q3-fy26-as-exports-and-order-inflows-rise\/","title":{"rendered":"INOX India reports record quarterly revenue and profit in Q3 FY26 as exports and order inflows rise"},"content":{"rendered":"\n<p><strong>INOX India Ltd (BSE: 544046 \/ NSE: INOXINDIA)<\/strong> reported record quarterly revenue and profitability for the quarter ended December 31, 2025, supported by strong export performance, higher order inflows and execution across industrial gases, LNG and cryo-scientific businesses.<\/p>\n\n\n\n<p>For Q3 FY26, consolidated revenue rose 27.4% year-on-year to \u20b9436 crore, while adjusted EBITDA increased 34.2% to \u20b9102 crore. Adjusted profit after tax climbed 32.4% to \u20b968 crore, according to the company\u2019s earnings release.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business overview<\/strong><\/h2>\n\n\n\n<p>INOX India manufactures cryogenic storage, regasification and distribution systems used across LNG, industrial gases and cryo-scientific applications. The company operates globally, serving customers in more than 100 countries with manufacturing and engineering capabilities in India, Brazil and Europe.<\/p>\n\n\n\n<p>Its operations are divided into four core business segments: <strong>Industrial Gases<\/strong>, <strong>LNG<\/strong>, <strong>Cryo Scientific Division (CSD)<\/strong> and <strong>Kegs<\/strong>, supporting industries ranging from energy and healthcare to global scientific infrastructure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial performance \u2014 Q3 FY26<\/strong><\/h2>\n\n\n\n<p>Revenue for Q3 FY26 increased to \u20b9436 crore from \u20b9342 crore in Q3 FY25. Adjusted EBITDA grew to \u20b9102 crore from \u20b976 crore, while adjusted PAT rose to \u20b968 crore from \u20b951 crore.<\/p>\n\n\n\n<p>The company reported its highest-ever quarterly revenue, adjusted EBITDA and export revenue during the quarter. Export revenue stood at \u20b9271 crore, accounting for 62% of total revenue.<\/p>\n\n\n\n<p><strong>Nine-month performance (9M FY26)<\/strong><\/p>\n\n\n\n<p>For the nine months ended December 31, 2025, revenue increased 20% year-on-year to \u20b91,157 crore. Adjusted EBITDA rose 23% to \u20b9281 crore, while adjusted PAT increased 23.7% to \u20b9189 crore.<\/p>\n\n\n\n<p>Export revenue for the nine-month period was \u20b9679 crore, contributing 59% to total revenue and growing 35.8% year-on-year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Order book and operating performance<\/strong><\/h2>\n\n\n\n<p>Order inflows during Q3 FY26 stood at \u20b9392 crore, taking the total order book to \u20b91,457 crore.<\/p>\n\n\n\n<p>The Industrial Gases division contributed 59% of quarterly revenue and secured international orders including cryogenic storage tanks for a U.S.-based aerospace customer and large-volume cylinder orders. The LNG segment contributed 25% of revenue, supported by marine fuel tank orders and LNG terminal projects in Europe and Africa.<\/p>\n\n\n\n<p>The Cryo Scientific Division accounted for 13% of revenue, with repeat orders from ITER, France, while the Keg business contributed about 1.4% and received its first order from Heineken and approvals from global brewing companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key developments<\/strong><\/h2>\n\n\n\n<p>During the quarter, INOX India commissioned an automated serial production line for LNG fuel tanks at its Kalol facility to cater to demand from automotive OEMs. The company also received two global recognitions at the Gasworld Global Innovation Awards in Bangkok for ESG initiatives and innovation in distribution.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Risks and constraints<\/strong><\/h2>\n\n\n\n<p>The company\u2019s financial statements include exceptional items related to arbitration expenses and prior settlement income, and note that changes under India\u2019s new labour codes resulted in one-time employee benefit impacts.<\/p>\n\n\n\n<p>Operational performance remains linked to execution timelines, export demand, and industrial and clean energy project activity across global markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management commentary<\/strong><\/h2>\n\n\n\n<p>Management stated that performance reflected strong execution momentum, increasing international demand, and growing acceptance of engineered cryogenic solutions across clean energy and scientific applications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INOX India Ltd (BSE: 544046 \/ NSE: INOXINDIA) reported record quarterly revenue and profitability for the quarter ended December 31, 2025, supported by strong export performance, higher order inflows and execution across industrial gases, LNG and cryo-scientific businesses. For Q3 FY26, consolidated revenue rose 27.4% year-on-year to \u20b9436 crore, while adjusted EBITDA increased 34.2% to [&hellip;]<\/p>\n","protected":false},"author":2390,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,392,5753],"tags":[16424,16421,16422,16423],"class_list":["post-180589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-earnings","category-industrials","tag-cryogenic-engineering-india","tag-inox-india","tag-inox-india-q3-fy26","tag-inoxindia"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":169949,"url":"https:\/\/alphastreet.com\/india\/inox-india-ltd-q1-fy26-earnings-results-revenue-up-15-net-profit-rises-15-yoy\/","url_meta":{"origin":180589,"position":0},"title":"Inox India Ltd Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 8, 2025","format":false,"excerpt":"Inox India Limited, established in 1976, is a leading provider of comprehensive solutions in the design, engineering, manufacturing, and installation of equipment for cryogenic conditions. The company specializes in supplying high-quality cryogenic equipment, primarily tanks, as well as systems for industries requiring ultra-low temperature applications. Presenting below are its Q1\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"INOXINDIA Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/NOX.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172418,"url":"https:\/\/alphastreet.com\/india\/inox-wind-q2-fy26-earnings-results\/","url_meta":{"origin":180589,"position":1},"title":"Inox Wind Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 17, 2025","format":false,"excerpt":"Inox Wind Limited, part of the Inox Group and a leading manufacturer of wind turbine generators (WTGs) and wind energy solutions provider, reported impressive financial results for Q2FY26. Financial Highlights: Revenues surged 52.66% year-on-year to \u20b91,119 crore from \u20b9733 crore. Total expenses rose 51.37% to \u20b9993 crore from \u20b9656 crore.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/I-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":158798,"url":"https:\/\/alphastreet.com\/india\/inox-india-limited-inoxindia-q3-fy24-earnings-concall-preliminary-transcript\/","url_meta":{"origin":180589,"position":2},"title":"INOX India Limited (INOXINDIA) Q3 FY24 Earnings Call Transcript","author":"Praveen","date":"February 14, 2024","format":false,"excerpt":"INOX India Limited (NSE: INOXINDIA) Q3 FY24 earnings concall dated Feb. 13, 2024 https:\/\/youtu.be\/uBPaIocVtjA Corporate Participants: Krishna -- Investor Relations Deepak Acharya -- Chief Executive Officer Pavan Logar -- Chief Financial Officer Siddharth Jain -- Director Analysts: Mohit Kumar\u00a0--\u00a0ICICI Securities -- Analyst Ankur Sharma\u00a0--\u00a0HDFC Life -- Analyst Prateek Bhandari\u00a0--\u00a0Art Ventures\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176372,"url":"https:\/\/alphastreet.com\/india\/inox-india-ltd-inoxindia-q2-2025-earnings-call-transcript\/","url_meta":{"origin":180589,"position":3},"title":"INOX India Ltd (INOXINDIA) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"INOX India Ltd (NSE: INOXINDIA) Q2 2025 Earnings Call dated Nov. 08, 2024 Corporate Participants: Deepak Acharya \u2014 Chief Executive Officer Pavan Logar \u2014 Chief Financial Ofiicer Analysts: Mohit Kumar \u2014 Analyst Unidentified Participant Ankur Sharma \u2014 Analyst Dhruv Shah \u2014 Analyst Presentation: Operator Ladies and gentlemen, good day and\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":173046,"url":"https:\/\/alphastreet.com\/india\/inox-wind-energy-q2-fy26-earnings-results\/","url_meta":{"origin":180589,"position":4},"title":"Inox Wind Energy Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 12, 2025","format":false,"excerpt":"Inox Wind Energy Ltd engages in wind energy generation and sales, EPC services for wind farms, and strategic interests in renewables. Financial Highlights: Revenues declined 46.56% year-on-year to \u20b9543 crore from \u20b9733 crore. Total expenses dropped 44.5% to \u20b9611 crore from \u20b91,101 crore. Consolidated net loss improved to \u20b954 crore\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/IW-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170204,"url":"https:\/\/alphastreet.com\/india\/inox-wind-q1-fy26-earnings-results\/","url_meta":{"origin":180589,"position":5},"title":"INOX Wind Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 15, 2025","format":false,"excerpt":"Inox Wind Limited, part of the Inox Group, is engaged in manufacturing Wind Turbine Generators (WTGs) and provides comprehensive wind energy solutions to independent power producers (IPPs), utilities, PSUs, corporates, and retail investors. As a fully integrated player in the wind energy sector, the company offers end-to-end turnkey solutions. Below\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"INOXWIND Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/INOX.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2390"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=180589"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180589\/revisions"}],"predecessor-version":[{"id":180592,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180589\/revisions\/180592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=180589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=180589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=180589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}