Cryogenic OGS Sees Profits Surge 67% Amid Strategic Wins in Oil and Gas Sector
Cryogenic OGS Limited, an Indian company, has announced its financial results for FY26. The company reported a significant improvement in profitability, with a net profit of ₹1,018.27 lakhs, a 67.2% increase from the previous year. Revenue from operations also rose by 24.1% to ₹4,082.24 lakhs.
The expansion of EBITDA margin is notable, increasing by 481 basis points to 31.7%. This growth was driven by operational efficiency and scale. The company's debt-free status has been maintained, with funding coming from internal accruals and the public issue in July 2025.
Strategic developments include direct orders from Honeywell LNG LLC and vendor approvals from Engineers India Limited and ADNOC. These milestones strengthen the company's position in the oil and gas sector. Cryogenic OGS has also incorporated new subsidiaries, including Cryogenic OGS Middle East FZE, to expand its presence in the Gulf region.