NSEPress Release18h ago · 30 Oct 2026, 09:28 pm

Press Release

IRM Energy Limited · IRMENERGY

✦ AI Summary▲ PositiveResults

IRM Energy Limited has reported its unaudited financial results for the quarter and half year ended September 30, 2026, with revenue rising 29% and PAT more than doubling in Q2FY27.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

IRM Energy Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Press/Media Release on Unaudited Financial Results for the quarter and half year ended September 30, 2026".

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IRMENERGY_30102026212832_Pressreleasedisclosure.pdf

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October 30, 2026 National Stock Exchange of India Limited BSE Limited "Exchange Plaza" Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (East) Dalal Street Mumbai - 400051 Mumbai - 400001 Scrip Symbol: IRMENERGY Scrip Code: 544004 Sub: Press/Media Release on Unaudited Financial Results for the quarter and half year ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith a copy of the Press/Media Release on the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. You are requested to take the same on record. Thanking you. Yours sincerely, For, IRM Energy Limited Akshit Soni Company Secretary & Compliance Office IRM Energy Reports Q2FY27 & H1FY27 Results Revenue Rises 29%; PAT more than doubles in Q2FY27 H1FY27 revenue grows 26% to ₹660 crore; EBITDA more than doubles to ₹109 crore with margin expanding by 648 bps Ahmedabad, October 30, 2026: IRM Energy Limited, one of India’s fast-growing City Gas Distribution companies, announced its financial and operational performance for the quarter and half year ended September 30, 2026. Q2FY27’s performance is supported by healthy volume growth, an improving sales mix and continued expansion of its CNG and PNG network. Total sales volume reached an all-time quarterly high of 61.23 mmscm, registering growth of 12% YoY, primarily driven by 25% growth in CNG volume and 50% growth in PNG Commercial volume. Consolidated Financial Performance Particulars (₹ Crore) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY Revenue from Operations* 333.91 259.44 28.70% 659.76 521.94 26.41% Total Income 368.32 287.31 28.20% 728.35 581.02 25.36% EBITDA (Ex Other Income) 47.32 26.70 77.23% 109.10 52.56 107.55% EBITDA Margin 14.17% 10.29% +388 bps 16.54% 10.07% +646 bps Profit After Tax 25.43 12.56 102.50% 59.23 26.47 123.75% PAT Margin 7.62% 4.84% +278 bps 8.98% 5.07% +391 bps *Net of Excise Duty Operational Performance Operational Parameter Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY (mmscm) Total Sales Volume 61.23 54.66 12.02% 120.16 109.46 9.78% CNG Volume 39.73 31.89 24.58% 79.06 64.24 23.07% PNG Industrial Volume 18.19 19.74 (7.85%) 34.69 39.59 (12.38%) PNG Commercial Volume 0.90 0.60 50.00% 1.67 1.04 60.58% PNG Domestic Volume 2.41 2.43 (0.82%) 4.74 4.59 3.27% Infrastructure and Customer Network Operational Infrastructure As of September 30, 2026 YoY Growth CNG Stations 156 34% CNG Dispensing Points 576 36% Steel and MDPE Pipeline Network 7,313 inch-km / 3,441 km NA Domestic PNG Connections 89,308 14% Commercial PNG Connections 657 48% Industrial PNG Connections 235 8% Registered and Corporate Office: Block 8, Magnet Corporate Park, 4th Floor, S.G. Highway, Near Sola Bridge, Ahmedabad, Gujarat 380054 Management Commentary Commenting on the performance, Mr. M.K. Sharma said: “We are pleased to report a strong performance in Q2FY27, marked by healthy volume growth and a significant improvement in profitability. Our quarterly sales volume reached an all-time high of 61.23 mmscm, supported by 25% year-on-year growth in CNG volumes and 50% growth in Commercial PNG volumes. Revenue from operations grew by 29%, while EBITDA increased by 77%, demonstrating the operating leverage emerging from our expanding network and improving sales mix. During H1FY27, our revenue grew by 26% to approximately ₹660 crore, while EBITDA more than doubled to ₹109 crore. EBITDA margin expanded by 648 basis points to 16.54%. The performance reflects disciplined gas sourcing, efficient operations and increasing utilisation of the infrastructure created across our geographical areas. We continue to strengthen our CNG and PNG network, particularly in Namakkal and Tiruchirappalli, while driving deeper penetration in Banaskantha, Fatehgarh Sahib and Diu & Gir Somnath. With a net-debt-free financial position, a growing customer base and visible opportunities across mobility, domestic, commercial and industrial segments, we remain focused on delivering sustainable and profitable growth.” About IRM Energy Limited IRM Energy Limited is a City Gas Distribution company engaged in developing, operating and expanding natural gas distribution networks across four geographical areas covering six districts in Gujarat, Punjab and Tamil Nadu. The Company supplies natural gas to CNG, domestic PNG, commercial PNG and industrial PNG customers. As of September 30, 2026, the Company operated 156 CNG stations and 576 dispensing points, had over 89,000 domestic PNG connections, and maintained a steel and MDPE pipeline network of 7,313 inch-km and 3,441 km, respectively. For Further Information, Please Contact Company Investor Relations Ashish Maheshwari | Abhinand Pandya Arpit Mundra | Krishna Patel, EY E: investor.relations@irmenergy.com E: arpit.mundra@in.ey.com; krishna.patel2@in.ey.com Forward Looking and Cautionary Statement This press release may contain forward-looking statements regarding IRM Energy Limited’s business prospects, future developments, financial performance, growth plans, strategies and industry outlook. These statements are based on current expectations and assumptions and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. The Company assumes no obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise. This document is for information purposes only and does not constitute an offer or recommendation to buy, sell or subscribe to any securities of the Company. Registered and Corporate Office: Block 8, Magnet Corporate Park, 4th Floor, S.G. Highway, Near Sola Bridge, Ahmedabad, Gujarat 380054