Indian Chemical and Allied Industries Report Q3/Q4 Results, EV Expansion, and Tech Innovations
Recent reports from the Indian chemical and allied industries highlight strong Q3/Q4 FY26 results for companies like Elgi Equipments, Indogulf Cropsciences, Yara, and INOX India, with some experiencing significant profit and revenue growth. Conversely, Alpek faced profit slides due to polyester weakness. Key developments include Euler Motors and Jio-bp expanding EV charging, GFCL EV launching a battery materials project in Oman, and tech collaborations like Aramco-Microsoft on industrial AI. New research and personalization technologies also mark industry advancements.
The latest news from the chemical and allied sectors in India showcases a mix of robust financial performances and strategic advancements. Several companies reported strong Q3 or Q4 FY26 results: Elgi Equipments posted a higher consolidated PAT of Rs. 95 Cr, Indogulf Cropsciences saw a 17% revenue increase and profit climb, Yara reported strong Q4 and full-year 2025 results, and INOX India achieved record PAT and revenue driven by an export surge. In contrast, Alpek experienced a decline in profit, attributing it to polyester weakness that impacted its 2025 results and increased leverage. Beyond financial reporting, the sector is buzzing with developments in electric vehicles and technology. Euler Motors and Jio-bp have partnered to expand commercial EV charging infrastructure across India, signaling growth in sustainable transportation. GFCL EV further cemented this trend by launching a significant $216 million advanced battery materials project in Oman. Technological innovation is also evident with Durr unveiling EcoNextJet for vehicle personalization and a strategic collaboration between Aramco and Microsoft focused on industrial AI and workforce skills development. Toyo Ink India has invested in R&D by inaugurating a new research centre in Bengaluru. The article also touches upon broader industry discussions such as DCPC's strategy for CCUS, the role of Lubrizol Additives in India's E20 journey, and insights into digital transformation for lab efficiency and prescriptive maintenance, underlining a sector focused on growth, sustainability, and technological integration.
