Dear Sir/Madam, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Standalone Unaudited Financial Results ....
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Icodex Publishing Solutions Limited submitted its first set of financial results after listing on the NSE SME platform in August 2025. Revenue from operations grew about 28% year-on-year to ₹1,389.49 lakhs (vs ₹1,084.36 lakhs in H1 FY25), while profit after tax rose about 27% to ₹549.94 lakhs (vs ₹432.56 lakhs). Total revenue stood at ₹1,402.42 lakhs and basic EPS was ₹4.14 (vs ₹3.53). The company raised ₹3,017.66 lakhs through fresh share issuance (its IPO), pushing cash and cash equivalents sharply up to ₹2,257.86 lakhs from ₹363.17 lakhs as at March 2025. The auditor JMMK & Co. issued a clean review report with no qualifications, and no exceptional items were recorded.
A solid debut post-listing report with strong double-digit growth in both revenue and profits, backed by a healthy cash balance from the IPO. Watch for cost discipline, as 'other expenses' more than doubled and overall expenses grew faster than revenue, causing a mild dip in operating margins. Net-net, this is a positive first print for retail shareholders.