| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.2K | 11.2% |
| Total Income | 1.2K | 11.8% |
| Expenditure | 1.1K | 14.3% |
| PBT | 99.56 | 10.1% |
| Net Profit | 75.47 | 7.4% |
| OPM | 1.53% | 2.93pp |
| NPM | 6.46% | 1.34pp |
| EPS | 3.81 | 7.5% |
Indo Count Industries Reports 26% YoY Growth in Total Income for 9MFY25, Plans to Double Revenue by 2028
11 Feb 2025 · 11 Feb 2025, 10:21 pm
Summary
Indo Count Industries Limited (BSE: 521016) (NSE: ICIL) has announced its unaudited financial results for the quarter and nine months ended 31st December 2024. The company reported a total income of Rs. 3,162 Crs for 9MFY25, reflecting a growth of 26% YoY. The company's brands business, including Fluvitex USA, Inc and Modern Homes textiles, USA, contributed around Rs. 100 Crs to revenues in Q3FY25. Indo Count is planning to set up a greenfield project in North Carolina to strengthen its U.S. foothold, particularly in the East coast. The company aims to double its revenue by 2028.
Key Highlights
- 1
Total Income for 9MFY25 was Rs. 3,162 Crs, reflecting a growth of 26% YoY
- 2
Fluvitex USA, Inc and Modern Homes textiles, USA along with New brands business elevated growth, Contributed ~Rs. 100 Crs to Revenues in Q3FY25
- 3
Undertaking Greenfield project in North Carolina - to strengthen U.S. foothold particularly in East coast, Driving Utility Bedding annual capacity to 31Mn Pillows & 1.5Mn Quilts
- 4
Existing branded business gaining traction, On track to launch WAMSUTTA in Q1FY26
- 5
Strengthening Leadership: Appointed CEO for U.S. Operations & Reshaped Management Team in India
- 6
Aspire to Double revenue by 2028
Management Comments
Mr. Anil Kumar Jain
Executive Chairman
At Indo count we have outperformed in challenging times especially in some of our end markets. We are making significant progress towards expanding our portfolio with value-added products through our strategic investments and prudent capital allocation. Our relentless focus on serving both existing and new customers, with the enhanced product portfolio on back of recent acquisitions and value-added solutions, will help us strengthen our leadership position in the market. In the medium term, we see tailwinds in business and have strengthened our leadership team with key hires to drive growth and bring in the right expertise. Focus is also on expanding the brands and utility bedding business which is expected to be a key driver for the next phase of growth. Our optimism remains high for the next 3 years with the strategic initiatives we have executed over the last few quarters.
Informational and educational content only. Not investment advice.