IRM Energy Limited Latest Updates

$IRMENERGY Q4 FY26 Revenue and Profit Outperformance IRM Energy Limited reported its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026. Consolidated net profit (PAT) for Q4 FY26 recorded a sharp 190.66% year-on-year surge, reaching ₹12.76 crore compared to ₹4.39 crore in Q4 FY25. Revenue from operations for the final quarter grew 4.41% year-on-year to hit ₹279.67 crore, representing the highest single-quarter revenue in the company’s recent operating history. Operating Margin Recovery The energy utility demonstrated notable operating leverage in its standalone business during the fourth quarter. Standalone EBITDA expanded by 73.17% year-on-year to reach ₹30.02 crore. This operational efficiency drove core EBITDA margins up by 427 basis points to close at 10.73% for Q4 FY26 against 6.47% in the year-ago quarter, supported primarily by automated gas sourcing optimizations. Segmented Volumetric Performance The total combined sales volume for the final quarter reached 58.14 million metric standard cubic meters (mmscm), up from 57.10 mmscm in Q4 FY25. Compressed Natural Gas (CNG) volumes served as the primary growth engine, surging 22% year-on-year to reach 35.22 mmscm. Conversely, Piped Natural Gas for Industrial & Commercial users (PNG-I&C) faced a 13% volume contraction to 20.29 mmscm due to localized manufacturing shifts, while domestic PNG (PNG-D) volumes grew 10% to 2.63 mmscm. Infrastructure Milestones and Capex Deployment On the infrastructure front, IRM Energy crossed a major operational milestone by commissioning its 150th active retail CNG station. Moving forward into the next expansion loop, management finalized a rolling capital expenditure framework of approximately ₹400 crore spanning the FY26–28 cycle. This network layout will focus on pipeline expansion and customer connectivity across its Geographical Areas (GAs), funded through internal accruals and residual IPO proceeds.