International Conveyors Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 0.50 per equity share.
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The Board of Directors of International Conveyors Limited recommended a final dividend of Rs. 0.50 per equity share (50% on face value of Re. 1) for FY 2025-26. Standalone revenue from operations increased to Rs. 20,365 lakh from Rs. 14,082 lakh in the previous year. However, standalone PAT declined to Rs. 6,806 lakh from Rs. 7,625 lakh, while consolidated PAT fell to Rs. 6,838 lakh from Rs. 9,171 lakh year-on-year. The statutory auditors provided an unmodified opinion on the audited results. During the year, 4.02 lakh shares were allotted under the ESOP scheme, reducing the holding of J.G.E. (India) Pvt. Ltd. from 50.02% to 45.92%. The company also acquired International Conveyors Australia Pty. Ltd. as a direct subsidiary.
The profit decline despite revenue growth and modest dividend signals potential pressure on profitability margins. Investors should monitor the earnings trajectory as the company navigates a challenging operating environment.