ICDS Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
ICDSLTD · price
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ICDS Limited has filed its unaudited financial results for the quarter and nine months ended December 31, 2025. On a standalone basis, revenue from operations rose to Rs 38.93 lakhs in Q3 (from Rs 33.27 lakhs a year earlier) and to Rs 132.24 lakhs for nine months, up roughly 30% from Rs 102.06 lakhs. Standalone profit after tax for nine months jumped to Rs 104.95 lakhs from Rs 12.93 lakhs; the Q3 PAT of Rs 29.45 lakhs benefited from a Rs 7.37 lakh reversal of an earlier-years' tax provision. On a consolidated basis (including wholly-owned subsidiary Manipal Properties), nine-month revenue grew about 20% to Rs 187.34 lakhs and nine-month PAT more than doubled to Rs 151.54 lakhs. The company operates in four segments — financial services (loan recovery), trading, rent on premises, and insurance marketing — with rent on premises being the largest contributor. Auditor Chaturvedi & Shah LLP issued an unqualified limited review report with no qualifications or emphasis-of-matter.
The sharp improvement in profitability is positive for shareholders, though it reflects a low prior-year base (which was hit by a one-time earlier-years' tax charge of Rs 113.53 lakhs) and small absolute numbers — total revenue remains under Rs 2 crore for nine months. Investors should note ICDS's very small scale and dependence on rent income and trading gains rather than a large operating business.