{
  "id": 18087399,
  "title": "INOX India Q2FY27 slides: record backlog, aerospace orders drive growth",
  "url": "https://urgent.news/2026/11/04/inox-india-q2fy27-slides-record-backlog-aerospace-orders-drive-growth",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-04T07:36:36.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/inox-india-q2fy27-slides-record-backlog-aerospace-orders-drive-growth-93CH-4997585"
  },
  "original_language": "en",
  "account": "INOX India Ltd (NSE:INOXINDIA) reported a decline in Q2FY27 financial results, driven by record-breaking orders and a strong backlog. The company's stock rose by 1.42% to INR 1,894.50, though it remained below its 52-week high of INR 2,339.50. INOX India recorded a revenue of INR 467 crore for Q2FY27, a 26.6% increase from INR 369 crore in Q2FY26. The company's EBITDA rose to INR 100 crore in Q2FY27, a 10.8% increase from the previous year, though the margin shrank to 21.3% from 24.3% in Q2FY26. Management cited project-to-project cost variations, aggressive pricing strategies, and elevated logistics costs as factors behind the margin compression. The company's revenue is diversified across segments, with Industrial Gas contributing 61% of Q2FY27 revenue (INR 285 crore) and LNG accounting for 15% (INR 71 crore). Nearly 72% of INOX India's order backlog, valued at INR 2,268 crore as of September 30, 2026, is from international clients, with space-sector orders comprising approximately INR 1,100 crore of the total backlog.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "India's palm oil imports hit 14-month high, soyoil purchases set record",
        "url": "https://urgent.news/2026/11/04/indias-palm-oil-imports-hit-14-month-high-soyoil-purchases-set-record",
        "published": "2026-11-04T04:12:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}