Ice Make Refrigeration Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 20-Sep-2025.
ICEMAKE · price
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The board of Ice Make Refrigeration approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Consolidated revenue rose to Rs. 11,150.14 lakhs from Rs. 8,522.58 lakhs in Q1 FY25, but the company swung to a consolidated net loss of Rs. 146.90 lakhs (vs profit of Rs. 364.42 lakhs last year), with EPS of (0.90). Standalone numbers showed a similar pattern with net loss of Rs. 138.92 lakhs. A final dividend of Rs. 2.25 per share (22.5%) on face value of Rs. 10 has been recommended for FY25, subject to shareholder approval. The 16th AGM is scheduled for September 27, 2025, with record date fixed at September 20, 2025. The board also appointed a new secretarial auditor for five years and approved an increase in authorised share capital from Rs. 17.5 crore to Rs. 20 crore, pending shareholder approval.
Despite strong top-line growth of around 30%, the swing to a quarterly loss is a negative signal for near-term earnings quality, and shareholders should note that one subsidiary (Icebest) has negative net worth and is a going-concern risk. The proposed dividend, AGM, and authorised capital hike are largely routine matters that need shareholder nod but offer no major upside surprise by themselves.