FCC

Ingersoll Rand India Posts 19% Q3 Revenue Growth

2026-02-16

Ingersoll Rand (India) has reported a robust performance for the third quarter of FY2025-26, with revenue from operations rising 19 per cent year-on-year to Rs 455.48 crore, supported by strong execution across its compressed air portfolio and sustained industrial demand. Profit before tax (PBT), before exceptional items, stood at Rs 121.67 crore, translating into a margin of 26 per cent on total income, reflecting operational efficiency and disciplined cost management. The company noted an exceptional expense of Rs 26.58 crore towards incremental costs arising from new labour codes.

During the quarter, the company achieved its highest-ever production of large centrifugal compressors and oil-free rotary E-Series compressors, marking a record quarterly output. Order bookings remained strong, driven by demand from thermal power, renewable energy, semiconductors and electronics, steel and other key sectors. Total income for the quarter reached Rs 466.98 crore, while total expenses stood at Rs 345.31 crore. Year-to-date revenue for the first nine months of FY2025-26 was reported at Rs 1,092.74 crore, up 8 per cent year-on-year.

Commenting on the performance, Sunil Khanduja, Managing Director, said the company maintained strong momentum across its compressed air portfolio despite challenging tariff conditions, supported by strategic initiatives and growing adoption of energy-efficient systems and customised industrial solutions. A significant milestone during the quarter was the unveiling of a new manufacturing facility at Sanand, Gujarat. The plant is designed to manufacture engineered-to-order centrifugal compressors, gas compressors, dryers, reciprocating compressors and nitrogen generators for diverse industrial applications.

The company aims to achieve over 90 per cent localisation of rotary screw compressors in India within the next year, backed by continued investments in manufacturing, operational excellence and supplier optimisation. Manufacturing output scaled up 1.5 times during the quarter, aided by the commissioning of the Sanand facility. Strategic priorities include expanding oil-free platforms, strengthening distributor networks, accelerating OEM and rental growth, enhancing localisation, and positioning India as a global manufacturing and engineering hub.

The company also reiterated its focus on sustainability through energy-efficient technologies, digital monitoring, lifecycle services and advanced manufacturing practices aligned with its long-term ESG goals. With sustained demand across core industrial sectors and expanded manufacturing capabilities, Ingersoll Rand (India) Limited indicated a clear roadmap to accelerate growth over the coming years.