India's IOL Chemicals surges on quarterly profit growth

IOL Chemicals and Pharmaceuticals

12/11/2025 06:24

** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS rise as much as 12.44% to 99.85 rupees

** The pharma and chemicals maker posts a 56.5% year-on-year jump in second-quarter profit to 299.7 million rupees ($3.41 million) after market hours on Tuesday

** Both pharmaceuticals and chemicals segments see an improvement in profit, led by strong traction in non-Ibuprofen APIs, better operating leverage and cost efficiencies, says IOLC's management

** IOLC Joint Managing Director Vikas Gupta says the chemicals segment is also witnessing steady volume recovery and adds expanding Europe reach to boost future earnings

** IOLC shares are up 9% in 2025 so far, according to exchange data

($1 = 87.8950 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))