59% surge in net profit - Indo Borax & Chemicals Ltd

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lndo Borax reports a 59% surge in net profit at Rs 16.25 crore in Q1FV27, riding on higher demand and improved capacity utilisation a) Operating Income grows by 31.34% at Rs 70.36 crore b) Received Board approval for amalgamation of its wholly owned subsidiarylndoborax Infrastructure Private Ltd with lndo Borax Chemicals, subject to necessary regulatory approvals Commenting on the company's performance during the quarter, Mr. Suresh Katra, Managing Director & CEO, lndo Borax, said, "The boron-based chemicals market in India has been witnessing a robust demand across a diverse range of applications including steel, glass, ceramics, agriculture, electronics and detergents among others. With our advanced manufacturing capabilities, we are well-positioned to meet demand. Our capacity utilisation has been extremely robust, and improved operational efficiency has strengthened our bottom line. We expect to sustain this growth momentum moving forward."