Gurugram, Feb 13: Ingersoll Rand (India) Limited, a leading provider of compressed air solutions in India, today announced its financial results for the third quarter of financial year 2025-26, reporting resilient performance and sustained demand across industrial and commercial markets.
For the quarter ending Q3 FY 2025-26, the company reported revenue from operations of INR 455.58 crores, supported by strong performance across its compressed air portfolio. PBT before exceptional items for the said quarter stood at INR 121.67 crores, reflecting disciplined execution, cost management, and continued investment in innovation.
Consolidated financial highlights for Ingersoll Rand – Q3 FY2025-26
(Rupees in Crores)
| Financial Highlights | Q3FY2025-26 | Q-o-Q
% change |
YTD Q3 FY 2025-26 | Y-o-Y
% change |
| Revenue from operations | 455.48 | 19% | 1092.74 | 8% |
| Total Income | 466.98 | 20% | 1122.77 | 8% |
| Total Expenses | 345.31 | 22% | 840.69 | 9% |
| PBT (before exception item) | 121.67 | 15% | 282.08 | 4% |
| PAT | 71.89 | -7% | 191.22 | -4% |
Note: PBT is before exceptional expense of Rs. 26.58 crores towards incremental expenses arising from new labour codes.
Commenting on the results, Mr. Sunil Khanduja, Managing Director, Ingersoll –Rand (India) Limited, said, “During the quarter, the company delivered strong momentum across its compressed air portfolio, supported by its highest-ever production of large centrifugal compressors, air treatment products and strong adoption of its new E series oil-free rotary compressors.
Tough tariff conditions in the market were effectively mitigated through our strategic initiatives, enabling us to expand our business in India. High order intake for the quarter was driven by the growing demand for energy‑efficient compressed air systems, customized solutions for complex industrial applications, and long‑standing customer partnerships across key sectors. Our Services portfolio also continued to gain traction, supported by a growing installed base, and increased aftermarket demand for reliable solutions.
Ingersoll Rand (India) Limited is advancing its innovation roadmap with a clear focus on oil‑free low‑pressure solutions for power and infrastructure, while scaling contact‑cooled rotary technologies to meet the needs of the rapidly expanding Tier‑2 industrial market. Key strategic priorities include accelerating OEM and rental growth, expanding diversified oil‑free platforms, strengthening the distributor network, driving AGS localization, and positioning India as a strategic global hub for manufacturing and engineering.
Operational efficiency remained strong, supported by disciplined execution, effective people management, agile and resilient supply chain practices, supplier optimization, and strict control over discretionary expenses, enabling scalable growth while maintaining productivity and delivery commitments.”
Growth Roadmap and Strategic Investments
A key milestone in the company’s growth journey is the launch of a new manufacturing facility in Sanand, Gujarat. The facility is equipped to design and manufacture engineered-to-order centrifugal compressors, dryers, gas compressors, reciprocating compressors, nitrogen generators to meet complex customer requirements across industries.
The company aims to achieve over 90% localization of rotary screw compressors in India within the next year through continued investments in manufacturing and operational excellence. The company will continue to focus on energy-efficient technologies, digital monitoring, lifecycle services, and expansion in high-growth markets through partnerships and selective acquisitions.
Strategic Business Highlights – Q3 FY2025-26
Demand and Market Momentum
- Strong demand from thermal power, renewable energy (solar), semiconductors & electronics, and steel sectors
- These sectors continue to be among the fastest-growing industrial segments in India
Product and Technology Wins
- Increasing market adoption of the newly developed oil‑free rotary E‑Series high‑pressure compressor technology.
- Growing market acceptance of energy-efficient and contamination-free compressed air technologies
Operational Excellence
- Effective FX and currency impact mitigation
- Strong people management and supply chain agility
- Strict control over discretionary expenses
- Manufacturing output scaled up by 1.5x, supported by the commissioning of the Sanand facility
Innovation and strategic priorities
“We are building a future-ready organization,” Sunil Khanduja added. “With a strong portfolio, a clear strategic roadmap, and the launch of our mega manufacturing facility in Sanand, Gujarat—designed to build large and highly customised compressed air machines—we see a compelling opportunity to double our growth over the next few years.
Our Q3 FY 2025-26 performance underscores the strength of our compressed air business and the trust our customers place in our solutions. Achieving record centrifugal output, expanding oil-free rotary adoption, and commissioning our Sanand facility reflect our strong execution and commitment to supporting India’s industrial growth with speed, reliability, and sustainability.”
Sustainability and Manufacturing Initiatives
The company continues to advance its sustainability agenda through energy-efficient manufacturing practices, and next-generation compressed air technologies, aligned with its broader ESG commitments and long-term sustainability goals.
In India, the company aims to play a larger role in supporting industrial growth by increasing localisation, shortening delivery timelines, and offering tailored solutions backed by global expertise and local execution.