Indo Count Industries Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
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Awaiting price reaction for this filing.
Indo Count Industries, a home textile manufacturer, reported weak Q3 FY26 results with standalone revenue declining about 23% year-on-year to Rs 77,926 lakhs (from Rs 1,00,945 lakhs). Standalone profit after tax fell sharply to Rs 2,527 lakhs (from Rs 6,693 lakhs), a drop of roughly 62%, translating to an EPS of Rs 1.28 vs Rs 3.37 in the year-ago quarter. On a consolidated basis, revenue for Q3 was Rs 1,06,283 lakhs (down ~8% YoY) and PAT was Rs 2,443 lakhs (down ~65% YoY). For the nine months ended December 2025, standalone revenue declined ~19.5% to Rs 2,34,049 lakhs while standalone PAT was down ~53% at Rs 10,782 lakhs. The company booked a one-time Rs 920 lakh impact on employee expenses from the new Labour Codes (gratuity and leave encashment remeasurement). Price Waterhouse issued a clean limited review report.
Significant revenue and profit erosion likely reflects weak global demand for home textiles and pricing pressure. The sharp PAT decline despite revenue compression may weigh on stock sentiment, though the company maintains a strong net cash position with no major red flags in the auditor's review.