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(13/11/2026 20:10)

I P Rings Q2 net profit zooms 261.76% at Rs 1.23 cr

The company reported standalone net profit of Rs 1.23 crore for the quarter ended September 30, 2026 as compared to Rs 0.34 crore in the same period last year, registering a year-on-year growth of 261.76 per cent.

Net revenue of the company rose substantially by 26.30 per cent at Rs 105.76 crore in July-September quarter of this fiscal as against Rs 83.74 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 26.73 per cent to Rs 96.49 crore from Rs 76.14 crore in year ago period.

Other Income dipped by 34.21 per cent at Rs 0.75 crore versus (Sep'25 Rs 1.14 crore).

Operating Profit surged by 21.97 per cent to Rs 9.27 crore as against Rs 7.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.52 per cent in September quarter.

Interest grew by 12.77 per cent y-o-y to Rs 3.71 crore, while Taxation decreased by 32.84 per cent at Rs 0.45 crore (Sep'25 Rs 0.67 crore).