Indo Count Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
ICIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indo Count Industries, a home textile manufacturer, reported weak Q1 FY26 results. Standalone revenue from operations fell ~19% year-on-year to Rs. 733.27 crore (vs Rs. 906.33 crore in Q1 FY25), while standalone profit after tax dropped ~49% to Rs. 40.28 crore from Rs. 79.07 crore. Consolidated revenue rose modestly ~1.8% to Rs. 958.71 crore, lifted by recently acquired US subsidiaries (Fluvitex USA and Modern Home Textiles), but consolidated PAT still fell ~51% to Rs. 37.79 crore. Profit before tax margins compressed sharply — standalone PBT margin slid from around 11.9% to 7.3% YoY. Standalone EPS came in at Rs. 2.03 versus Rs. 3.99 a year ago (consolidated EPS Rs. 1.91 vs Rs. 3.93). Statutory auditor Price Waterhouse issued an unqualified limited review, but flagged an emphasis of matter regarding provisional purchase price allocation for the two recent US acquisitions, which remains to be finalised within the Ind AS 103 measurement window.
Sharp YoY decline in both standalone and consolidated profitability, with revenue under pressure on the core Indian business even as recent US acquisitions have broadened the consolidated topline. The margin compression and subdued earnings could weigh on near-term sentiment; investors should watch for management commentary on demand, pricing, and integration of the US businesses.