Indigo Paints Profit Rises 60% To ₹41.7 Crore In Q1 FY27, Revenue Jumps 20%
· Free Press Journal

Mumbai: Indigo Paints Limited reported a 60 percent year-on-year rise in consolidated net profit to Rs 41.7 crore in Q1 FY27, compared with Rs 26.1 crore in Q1 FY26.
Revenue from operations increased 20 percent to Rs 369.7 crore from Rs 308.9 crore in the corresponding quarter last year.
Visit albergomalica.it for more information.
Sequentially, however, net profit declined 30 percent from Rs 59.2 crore in Q4 FY26, while revenue fell 13 percent from Rs 425.3 crore.
Q1 Performance
The paints manufacturer reported total income of Rs 379.9 crore for the quarter ended June 30, 2026, up 21 percent from Rs 314.8 crore in Q1 FY26.
Total expenses increased 16 percent year-on-year to Rs 323.8 crore from Rs 280.1 crore.
Profit before tax stood at Rs 56.0 crore, rising 61 percent from Rs 34.8 crore in Q1 FY26. The company reported a total tax expense of Rs 14.3 crore during the quarter.
Sequential Performance
Compared with Q4 FY26, total income declined 11 percent from Rs 425.6 crore, while total expenses fell 6.4 percent from Rs 346.0 crore. Profit before tax declined 30 percent sequentially from Rs 79.6 crore.
Amagi Media Labs Profit Rises 760% YoY To ₹33.9 Crore In Q1 FY27, Revenue Jumps 32%The company did not report any exceptional item during Q1 FY27. Consolidated EBITDA, excluding other income, stood at Rs 62.0 crore, up 40 percent from Rs 44.3 crore in Q1 FY26.
The company reported an EBITDA margin of 16.8 percent and PAT margin of 11.0 percent for Q1 FY27.
Key Drivers
Indigo Paints said its Q1 FY27 consolidated growth was offset by margin headwinds from rising raw-material costs and inventory buildup. Its subsidiary, Apple Chemie India Private Limited, maintained its growth momentum and recorded 40.1 percent growth during the quarter.
On a standalone basis, the company said both value and volume grew in double digits, while gross margin stood at 45.3 percent despite supply-chain disruptions.
Consolidated basic earnings per share stood at Rs 8.76 in Q1 FY27, compared with Rs 5.44 in Q1 FY26 and Rs 12.10 in Q4 FY26. Diluted EPS was Rs 8.72.
Indraprastha Gas Profit Falls 44% To ₹237.9 Crore In Q1 FY27, Revenue Rises 17%FY26 Context
For FY26, Indigo Paints reported consolidated revenue from operations of Rs 1,405 crore and net profit of Rs 147.6 crore.
The year included an exceptional expense of Rs 6.1 crore related to the incremental impact of the New Labour Codes. Consolidated profit before tax for FY26 stood at Rs 198.5 crore.
The group operates in the manufacture and sale of paints and allied products and reports a single operating segment.
Disclaimer: This report is based on unaudited financial results filed by the company and does not constitute investment advice.