Jubilant Ingrevia Q2 net profit surges 60% to ₹111 cr

Speciality chemicals major Jubilant Ingrevia Ltd on Tuesday reported a 60 per cent rise in consolidated net profit to ₹111.43 crore in the September quarter of the current financial year.

The company had posted a consolidated net profit of ₹69.47 crore in the corresponding quarter of the preceding fiscal, Jubilant Ingrevia said in a regulatory filing.

Its total revenue from operations during the second quarter of FY27 increased to ₹1,394.23 crore against ₹1,120.73 crore in the year-ago period, it added.

Total expenses in the quarter under review stood higher at ₹1,255.25 crore, compared to ₹1,038.60 crore a year ago, the company said.

The company signed a deal to acquire a 40 per cent stake in ZettaOne Technologies in Q2 FY27, according to the regulatory filing.

Commenting on the company's performance, Shyam S Bhartia, Chairman, Jubilant Ingrevia Ltd, said, “We are pleased to report sustained strong growth momentum in Q2 FY27... Our quarterly Ebitda has more than doubled in three years, reflecting the successful execution of our Pinnacle strategy and disciplined cost management. This momentum was also reflected in our strong H1 performance, with revenue increasing by 25 per cent and Ebitda by 44 per cent.”

“We are delighted to have signed an agreement to acquire a 40 per cent stake in ZettaOne Technologies Limited, marking our entry into the EDMS (electronic document management system) space, which will help us in offering an integrated value proposition to our customers in electronics/semicon sectors,” he added.

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