Ion Exchange India tumbles after dismal Q4 performance
Mumbai, May 27 -- Revenue for the period under review rose by 3.4% year-on-year (YoY) to Rs 863.27 crore during the period under review.
Total operating expenditure increased by 12.6% to Rs 843.53 crore in Q4 FY26 over Q4 FY25. Interest cost and deprication charges were Rs 10.79 crore (up 3x YoY) and Rs 19.60 crore (up 65.7% YoY), respectively.
Profit before tax in Q4 FY26 stood at Rs 32.48 crore, down by 61.9% from Rs 85.14 crore in Q4 FY25.
For FY26, Sanstar has recorded consolidated net profit and revenue of Rs 142.67 crore (down 31.3% YoY) and Rs 2,914.84 crore (up 6.5% YoY), respectively.
Ion Exchange India operates in three key segments-engineering, chemical and consumer products-and has six factories in five states. The enginee...
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