Orders Worth ₹373 Crore In FY26
In an exchange filing published on June 17, the cryogenic technology solution providers announced that these orders were obtained across different business segments of industrial gas, cryo-scientific solutions, LNG and beverage kegs.
The orders include contracts worth ₹151 crore in the cryo-scientific solutions segment, ₹141 crore in the industrial gas segment and ₹71 crore in the LNG segment.
The company is emphasizing on the making of LNG storage tanks, industrial gas storage tanks, transport tanks, dispensers and disposable cylinders.
Deepak Acharya, Chief Executive Officer – INOX India said, “These orders reinforce our position as a trusted global partner for critical cryogenic solutions.”
Furthermore, Acharya added, “Besides our growing presence across segments and markets, we are equally excited about the growing applications and use cases for cryogenic solutions, especially in the clean energy space.”
Inox India had won an order to win a mini LNG terminal in the Bahamas last year in November.
Q4 Results
During the March quarter, Inox India’s revenue went up by 34% to ₹369.4 crore, while its Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also grew by 53% to ₹81.6 crore. Net profit for the quarter went up by 49% to ₹49.9 crore.
Shares of Inox India are currently trading 0.6% higher after the order win at ₹1,190.4. The stock has risen 8% so far in 2025.
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(Edited by : Hormaz Fatakia)
