IKIO Technologies Limited (formerly IKIO Lighting Limited) has announced its financial results for the third quarter and nine months ended December 31, 2025 (Q3 & 9MFY26). For Q3FY26, the company reported a 20% year-on-year (YoY) increase in revenue from operations, reaching ₹1,456 million. This growth was primarily driven by the 'Other Business' segment, which saw a 33% YoY increase to ₹1,014 million, contributing 70% to the revenue mix compared to 63% in Q3FY25. Revenue from outside India also showed strong momentum, increasing by 57% YoY to ₹896 million in 9MFY26, despite a slowdown in the US market due to tariff uncertainties. The company has also strengthened its marketing and distribution capabilities by acquiring an 88% stake in Gravus Tech. Profitability also improved significantly. EBITDA for Q3FY26 grew by 47% YoY to ₹219 million, with an expansion in EBITDA margin to 15.0%, up by 280 basis points YoY and 383 basis points quarter-on-quarter (QoQ). Profit After Tax (PAT) grew by 38% YoY to ₹108 million, with PAT margin expanding to 7.4%. Cash PAT grew 27% YoY to ₹188 million. Key business updates include the commercialization of Block I of its ~5 Lac Sq. Ft. greenfield project in May 2024, with Block II ready for operational activities. The company is focusing on backward integration to enhance margins and quality control, alongside cost optimization and operational efficiencies. IKIO has also forayed into new product categories like Hearables (TWS Earphones) and Wearables (Smart Watches), and expanded its global footprint by entering the Gulf market for product exports. The company has successfully deployed ₹2,722 million out of the ₹3,261 million raised through its IPO. The remaining ₹539 million is allocated for investment in new facilities, with ₹500 million already repaid towards debt and ₹638 million utilized for general corporate purposes.
