Statement of Deviation or variation for the half year ended on September 30, 2025.
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Icon Facilitators Limited's Board, at its meeting on November 14, 2025, approved the unaudited financial results for the half-year ended September 30, 2025, along with a Limited Review Report from Singhal Gupta & Co. LLP (unmodified opinion). Total revenue jumped sharply to ₹58.06 crore in H1 FY26 from ₹28.17 crore in H1 FY25, while profit before tax rose to ₹6.03 crore from ₹3.19 crore. The company also submitted its Statement of Deviation/Variation for IPO proceeds: it raised ₹19.11 crore via its July 1, 2025 IPO on the BSE SME platform and confirms there has been no deviation in fund usage, with ₹12.19 crore utilized so far for working capital and general corporate purposes. The company operates in a single segment — housekeeping and maintenance services in India.
Strong year-on-year revenue and profit growth is a positive signal for shareholders, though the basic EPS of ₹2.15 (down from ₹4.09 in H1 FY25) reflects share dilution from the recent IPO. The clean deviation report (no misuse of IPO funds) supports good governance and reassures retail investors.