Indo Rama Synthetics Posts 201.8% PAT Rise To ₹74.1 Crore In Q2 FY27; Plans ₹200 Crore Investment

Mumbai-based Indo Rama Synthetics Ltd reported a staggering 201.8% year-on-year increase in profit after tax (PAT) to ₹74.1 crore in the second quarter of fiscal year 2027, which concluded on September 30, 2026. The company's total revenue for Q2 FY27 also climbed by 10.0% year-on-year to ₹1,344.0 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 46.4% year-on-year to ₹117.7 crore in the quarter.

The EBITDA margin expanded to 8.8% in Q2 FY27, up from 6.6% in the same period last year, while the PAT margin improved to 5.5% from 2.0%.

For the first half of fiscal year 2027, the company's total revenue stood at ₹2,284.2 crore, marking a 9.7% decline due to supply chain issues resulting from geopolitical tensions in the Middle East. PAT for H1 FY27 increased by 78.3% year-on-year to ₹137.8 crore, with EBITDA growing by 24.9% year-on-year to ₹225.7 crore. Speaking about the strong performance, Indo Rama Synthetics Chairman and Managing Director Om Prakash Lohia highlighted the challenges posed by geopolitical developments, which led to higher crude oil prices and volatility across the polyester value chain.

The company plans to invest around ₹200 crore over the next 12 to 18 months to diversify its product offerings into specialty fibers and filament products, expanding its presence in value-added segments.