IFGL Refractories Limited is a leading manufacturer of specialised refractory products and systems used predominantly in the steel industry, with significant global presence across Asia, Europe, and North America.

The company reported an 18% year-on-year growth in consolidated revenue for Q2FY26, reflecting successful strategic initiatives and strong market demand across key geographies.

Despite volatile raw material costs, IFGL maintained a resilient performance with a steady increase in EBITDA and PAT, underlining their operational discipline and strategic market positioning.

Notably, the firm's strategic pivot to focus on the growing Indian market has driven a 27% increase in domestic revenues, significantly boosting their standalone business margin despite global economic challenges.

IFGL is investing heavily in expanding production capabilities through greenfield projects in Odisha and Gujarat, aimed at driving long-term sustainable growth and increasing market share in both domestic and international markets.