NSEPress Release6 Aug 2026 · 6 Aug 2026, 11:36 pm
Press Release
IRM Energy Limited · IRMENERGY
✦ AI Summary▲ PositiveResults
IRM Energy Limited has announced its unaudited financial results for Q1FY27, reporting a 24% YoY growth in revenue, with EBITDA and PAT more than doubling, driven by growth in volumes, expansion of customer base, and disciplined operational execution.
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Full Announcement
IRM Energy Limited has informed the Exchange regarding a press release dated August 06, 2026, titled "IRM Energy Delivers Record Q1FY27 Performance".
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August 06, 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 ended
June 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 ended June 30, 2026 of
FY27.
You are requested to take the same on record.
Thanking you.
Yours sincerely,
For, IRM Energy Limited
Akshit Soni
Company Secretary &
Compliance Office
Financial Press Release
IRM Energy Delivers Record Q1FY27 Performance;
Revenue Grew 24% YoY while EBITDA and PAT more than Doubled
Ahmedabad, August 06, 2026: IRM Energy Limited (BSE: 544004 | NSE: IRMENERGY | ISIN: INE07U701015),
one of India’s fast-growing City Gas Distribution companies, announced its standalone financial results and
operational performance for the quarter ended June 30, 2026.
Financial Performance (Standalone)
Particulars (₹ crore) Q1FY27 Q1FY26 YoY Q4FY26 QoQ
Revenue from Operations 325.85 262.50 24.13% 279.67 16.51%
Total Income 360.03 293.72 22.58% 309.37 16.37%
EBITDA (excl. Other Income) 61.77 25.80 139.40% 30.02 105.80%
EBITDA Margin 18.96% 9.83% +913 bps 10.73% +823 bps
Profit after Tax 34.32 14.28 140.38% 13.22 159.68%
PAT Margin 10.53% 5.44% +509 bps 4.73% +581 bps
Financial Highlights
● Highest ever Quarterly Revenue of Rs.326 crore, up by 24% YoY
● Highest ever quarterly EBITDA of Rs.62 crore, up by 139% with an EBIDTA margin of 19.0%
● EBITDA/SCM stood at Rs. 11.38 in compare to Rs. 6.22 in corresponding quarter of previous year.
● PAT of Rs.34 crore, up by 140% and a PAT margin of 10.5%
● During Q1FY27, undertook total capex of Rs.67 crore with total capex till date of Rs.1,090 crore.
Operational Performance – Q1FY27
● 6,985 inch-km steel pipeline and 3,287 km MDPE pipeline network supporting deeper market
penetration
● 153 CNG Stations (+37% YoY)
● 564 Dispensing Points (+37% YoY), enhancing CNG availability across operating areas
● 86,590 PNG Domestic Customers (+13% YoY)
● 589 PNG Commercial Customers (+36% YoY)
● 228 PNG Industrial Customers (+5% YoY)
● Total Gas Sales Volume grew 8% YoY, driven by strong growth in the CNG segment (+22% YoY) and
PNG Commercial segment (+75% YoY)
Management Commentary
Mr. Manoj Kumar Sharma, Chief Executive Officer, said:
"IRM Energy reported a healthy performance in Q1FY27, supported by growth in volumes, expansion of
our customer base, and disciplined operational execution. During the quarter, we achieved higher CNG
Registered & Corporate Office: Block 8, Magnet Corporate Park, 4th Floor, S.G. Highway, Near Sola Bridge, Ahmedabad, Gujarat, 380054
Financial Press Release
sales volumes and continued to add PNG customers across our geographical areas, reflecting the
increasing adoption of cleaner fuel solutions. Despite Unprecedented fluctuations in global gas markets
and energy prices, we maintained reliable supply across our network through prudent gas sourcing and
comprehensive operational planning. We also continued to strengthen our infrastructure through
network expansion and partnerships that support long-term growth. While margins benefited from certain
market factors during the quarter, our focus remains on sustainable business growth through customer
additions, infrastructure development, operational efficiency, and enhanced penetration across our
licensed areas. We remain optimistic about the long-term opportunities in the city gas distribution sector
and our ability to create value through consistent execution and service delivery."
About IRM Energy Limited
IRM Energy Limited, a part of the Cadila Group, is an integrated City Gas Distribution (CGD) company
engaged in developing and operating CGD networks across India. The Company has established a strong
presence across its authorized geographies in Gujarat, Punjab, Tamil Nadu, and the Union Territory of Diu.
As of June 30, 2026, IRM operated a network of 6,985 inch-kms, serving over 86,590 domestic customers,
228 industrial customers, 589 commercial customers, and through 153 CNG stations. With over eight years
of operational experience, IRM is among the faster-growing CGD players in India, supported by disciplined
execution, infrastructure expansion, operational excellence, and a customer-centric approach to delivering
reliable and sustainable energy solutions.
For further information, please contact
EY Investor Relations
Arpit Mundra | Krishna Patel
E: arpit.mundra@in.ey.com | krishna.patel2@in.ey.com
Safe Harbour Statement
This press release may contain forward-looking statements concerning IRM Energy Limited’s strategy,
operations, financial performance, outlook, growth opportunities and business environment. These
statements are based on reasonable assumptions and expectations of the Company but are subject to risks
and uncertainties beyond the Company’s control. Actual results may differ materially from those expressed
or implied. This release should not be construed as an offer, invitation, recommendation or solicitation to
buy or sell securities of the Company.
Registered & Corporate Office: Block 8, Magnet Corporate Park, 4th Floor, S.G. Highway, Near Sola Bridge, Ahmedabad, Gujarat, 380054