Ion Exchange (India) Ltd

 Ion Exchange (India) has been awarded an international contract by Hyundai Engineering & Construction Co., for the supply of filtration units in the Middle East, aggregating to USD 52.83 million (approximately Rs 503 crore, based on the prevailing exchange rate). The project is scheduled to be executed over a period of 18 months.  

The order is valued at $52.83 million (approximately Rs 503 crore) based on the prevailing exchange rate. The project is scheduled to be executed over a period of 18 months. The company said the contract involves the supply of filtration units for a project in the Middle East. It clarified that the order does not fall under the category of related-party transactions and that neither its promoters nor promoter group entities have any interest in the award of the contract. Ion Exchange India operates in three key segments'engineering, chemical and consumer products'and has six factories in five states. The engineering segment plans and executes orders for installation of large and medium-sized water and effluent treatment plants. The chemicals division manufactures ion-exchange resins and industrial chemicals and sells them in India, North America, the Middle East, Europe and Southeast Asia. The consumer products segment offers a range of water-care products for homes, institutions and communities to provide pure & safe drinking water under the Zero-B brand and sustainable waste management. The company reported a 61.9% drop in consolidated net profit to Rs 24.14 crore in Q4 FY26 from Rs 63.35 crore in Q4 FY25. Revenue for the period under review rose by 3.4% year-on-year (YoY) to Rs 863.27 crore during the period under review. Powered by Capital Market - Live

Revenue for the period under review rose by 3.4% year-on-year (YoY) to Rs 863.27 crore during the period under review. Total operating expenditure increased by 12.6% to Rs 843.53 crore in Q4 FY26 over Q4 FY25. Interest cost and deprication charges were Rs 10.79 crore (up 3x YoY) and Rs 19.60 crore (up 65.7% YoY), respectively. Profit before tax in Q4 FY26 stood at Rs 32.48 crore, down by 61.9% from Rs 85.14 crore in Q4 FY25. For FY26, Sanstar has recorded consolidated net profit and revenue of Rs 142.67 crore (down 31.3% YoY) and Rs 2,914.84 crore (up 6.5% YoY), respectively. Ion Exchange India operates in three key segments'engineering, chemical and consumer products'and has six factories in five states. The engineering segment plans and executes orders for installation of large and medium-sized water and effluent treatment plants. The chemicals division manufactures ion-exchange resins and industrial chemicals and sells them in India, North America, Middle East, Europe and Southeast Asia. The consumer products segment offers a range of water-care products for homes, institutions and communities to provide pure & safe drinking water under Zero-B brand and sustainable waste management.Powered by Capital Market - Live

Ion Exchange (India) announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 125%) , subject to the approval of the shareholders.

Net profit of Ion Exchange (India) declined 61.89% to Rs 24.14 crore in the quarter ended March 2026 as against Rs 63.35 crore during the previous quarter ended March 2025. Sales rose 3.44% to Rs 863.27 crore in the quarter ended March 2026 as against Rs 834.56 crore during the previous quarter ended March 2025. For the full year,net profit declined 31.35% to Rs 142.67 crore in the year ended March 2026 as against Rs 207.81 crore during the previous year ended March 2025. Sales rose 6.49% to Rs 2914.84 crore in the year ended March 2026 as against Rs 2737.11 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales863.27834.56 3 2914.842737.11 6 OPM %2.2910.27 -7.2110.73 - PBDT52.0096.97 -46 274.43329.97 -17 PBT32.4085.14 -62 211.83285.48 -26 NP24.1463.35 -62 142.67207.81 -31 Powered by Capital Market - Live

Ion Exchange (India) will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Ion Exchange (India) announced that its subsidiary, Ion Exchange and Company LLC, located in Oman, has been awarded contract from Petroleum Development Oman, for the Design, Build, Own, Operation and Maintenance agreement for Potable Water Facility and Sewage Treatment Facility in the South PDO Concession Area aggregating to OMR 73.46 Million for a period of twenty years (approximately Rs 1,730 crore for twenty years). Powered by Capital Market - Live

Net profit of Ion Exchange (India) declined 58.20% to Rs 20.30 crore in the quarter ended December 2025 as against Rs 48.56 crore during the previous quarter ended December 2024. Sales rose 6.36% to Rs 734.44 crore in the quarter ended December 2025 as against Rs 690.51 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales734.44690.51 6 OPM %8.0710.93 - PBDT64.2281.08 -21 PBT45.6569.75 -35 NP20.3048.56 -58 Powered by Capital Market - Live

Ion Exchange (India) will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

The contract awarded by Rayzon Energy amounts to approximately Rs 95 crore for process & utility required for their 5.1 GW PV solar project coming up at Kathwada Village, Surat for an Ultrapure Water system / ETP / ZLD. The contract awarded by INOX Solar amounts to approximately Rs 110 crore for ultrapure water generation, wastewater treatment system & zero liquid discharge. The said projects are expected to be completed within a period of 9 months and 10 months, respectively, from the project award date. Ion Exchange India offers a range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc. The company is also engaged in manufacturing resins, speciality chemicals for water and waste water treatment as well as non-water applications. The company's consolidated net profit fell 2.77% to Rs 49.53 crore in Q2 FY26 compared with Rs 50.94 crore in Q2 FY24. Revenue from operations jumped 13.88% YoY to Rs 733.94 crore in Q2 FY26.Powered by Capital Market - Live