ICDS Limited has informed the Exchange about Copy of Newspaper Publication
ICDSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ICDS Limited has published its audited financial results for the year ended March 31, 2025 in Udayavani (Kannada) and The New Indian Express (English). On a consolidated basis, revenue from operations rose to ₹521.69 lakhs from ₹423.59 lakhs, and net profit after tax grew to ₹218.40 lakhs from ₹175.23 lakhs. On a standalone basis, however, net profit after tax fell sharply to ₹81.38 lakhs from ₹155.59 lakhs, largely because the company paid a one-time tax settlement of ₹113.53 lakhs under the Direct Tax Vivad Se Vishwas (DTVSV) Scheme 2024 for the assessment year 1998-99. Q4 standalone (Jan–Mar 2025) showed a strong rebound, with revenue nearly doubling to ₹163.29 lakhs and net profit after tax rising to ₹68.48 lakhs from ₹22.92 lakhs a year earlier. The board approved the results on May 27, 2025.
The consolidated numbers are encouraging with both revenue and profit growth, which is what the market typically focuses on. The standalone profit dip is a one-off tax settlement and not a recurring concern, so the stock reaction should be broadly neutral to mildly positive. Investors should watch the pending Supreme Court hearing on the old Hiten P Dalal stock broker case, where further recoveries are possible.