Specialty Chemicals company Galaxy Surfactants announced Q2FY26 results Total Revenue: Rs 1,332.0 crore against Rs 1,071.7 crore during Q2FY25, change 24.3%. EBITDA: Rs 116.3 crore against Rs 136.3 crore during Q2FY25, change -14.7%. EBITDA Margin: 8.7% for Q2FY26. PAT: Rs 66.5 crore against Rs 84.7 crore during Q2FY25, change -21.5%. PAT Margin: 5.0% for Q2FY26. EPS: Rs 18.75 for Q2FY26. K. Natarajan, Managing Director, Galaxy Surfactants, said: “Q2FY26 volumes remained broadly flat on both YoY and QoQ basis, reflecting short-term turbulence across markets. Specialty segment delivered strong double-digit growth, offsetting a higher single-digit decline in the Performance segment. India’s domestic performance faced temporary headwinds, with volumes flat YoY and QoQ. The GST rate reduction on FMCG products triggered inventory recalibration by large players while elevated feedstock prices led reformulation by some customers, also contributing to a volume drop in the Performance segment. Despite this, Non-Tier 1 customers posted robust growth YoY and QoQ, cushioning the softness among Tier-1 customers. We remain confident that GST reforms will unlock medium-term consumption upside. In AMET, volumes declined modestly—single digit QoQ and higher single digit YoY—driven by Tier-1 share erosion in Egypt amid intensified local competition. The Rest-of-World segment sustained its growth trajectory, led by LATAM and APAC with double-digit YoY gains across both Performance and Specialty segments. North America faced pressure from reciprocal tariffs impacting specialty care margins, particularly in the masstige segment, though prestige products from Tri-K continued to perform well. Supply-side conditions showed mixed trends. Freight costs eased, but shipment delays persisted due to port congestion and blank sailings. Raw material availability improved slightly, yet feedstock prices remained elevated, driven by lower-than-expected Palm Kernel Oil output. As we navigate through a challenging environment and work to strengthen our market position, sharpening our strategic focus will be critical. This includes implementing tactical adjustments, enhancing operational agility, and fortifying our portfolio to ensure resilience and sustained relevance in an evolving market landscape.” Result PDF