India's IFB Industries jumps after quarterly profit more than doubles

IFB Industries

26/05/2026 07:22

** Shares of India's IFB Industries IFBI.NS rise 13.62% to 1,195.90 rupees

** Stock set for highest daily pct rise since 18 August 2025

** Consumer goods maker's fourth-quarter profit more than doubled to 426.7 million rupees ($4.47 million).

** Revenue from ops grew 12% to 14.98 billion rupees

** IFBI rated "buy" on avg by five analysts; median PT of 1,444 rupees - data compiled by LSEG

** YTD stock down 24.1%

($1 = 95.4300 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))