The Board of Directors, in their meeting held on 14.11.2025, approved the unaudited financial statements, both standalone and consolidated, for the quarter and half year ended September 30, 2025.
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Integrated Capital Services Ltd reported its unaudited results for the quarter and half year ended September 30, 2025. On a standalone basis, the company remained in loss, posting a net loss after tax of Rs 4.87 lakhs for Q2 FY26 versus Rs 6.40 lakhs in Q2 FY25, while H1 FY26 loss after tax widened to Rs 19.92 lakhs. Consolidated performance was stronger, with total income rising to Rs 23.68 lakhs in Q2 (up from Rs 16.59 lakhs) and Rs 62.42 lakhs for H1 (up from Rs 26.04 lakhs). Consolidated net profit after tax came in at Rs 3.67 lakhs for Q2 and Rs 9.67 lakhs for H1, versus Rs 1.01 lakh and a marginal profit respectively a year earlier. Statutory auditor Dhana & Associates issued an unmodified (clean) limited review opinion on both sets of results. The board also reconstituted its committees, and a subsidiary ICSL Consulting is approaching NCLT to revise its FY25 directors' report for an inadvertent figure error.
Standalone operations remain loss-making with very small revenue base, but the consolidated picture improved meaningfully on the back of subsidiary contributions. For shareholders, the unmodified auditor opinion is reassuring, though the persistent standalone losses and the deferred Insolvency Professional Entity (IPE) registration plan cap near-term upside.