Indian Card Clothing Company Limited has informed the Exchange regarding 'Submission of Machine-Readable Form/Legible Copy of Financial results for theperiod ended on 30th June 2025'.
INDIANCARD · price
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Indian Card Clothing Company has resubmitted its unaudited Q1 FY26 results (quarter ended June 30, 2025) to NSE in machine-readable format, as originally approved by the Board on August 14, 2025. On a standalone basis, revenue from operations rose to ₹902.08 lakhs from ₹802.83 lakhs in Q1 FY25, but net profit fell sharply to ₹292.54 lakhs (EPS ₹4.92) from ₹6,658.30 lakhs (EPS ₹112.07). The steep year-on-year drop is because Q1 FY25 included a one-time exceptional gain of ₹6,694.65 lakhs from the sale of its Powai commercial building; no exceptional items were recorded this quarter. On a consolidated basis, net profit stood at ₹229.44 lakhs. Segment-wise, the Card Clothing business narrowed its loss to ₹295.72 lakhs (from a ₹532.15 lakh loss), while the Realty segment contributed a profit of ₹614.43 lakhs. The Board also appointed M/s. S M L and Co LLP as Internal Auditor (FY26 and FY27) and Mr. Devendra V. Deshpande as Secretarial Auditor for five years (FY26–FY30). The company's wholly-owned subsidiary ICC International Agencies Limited (ICCIAL) ceased operations during this quarter as part of a planned wind-down approved earlier.
The headline profit crash is optical — last year's numbers were inflated by a one-off property sale, so the real takeaway is steady operating performance, with core Card Clothing losses shrinking and Realty continuing to earn. The winding down of the loss-making subsidiary and stable operational profit suggest a cleaner earnings base going forward, but underlying Card Clothing remains in the red, which may keep stock sentiment cautious.