| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.1K | 10.8% | 2.5% |
| Total Income | 1.1K | 11.8% | 3.5% |
| Expenditure | 1.0K | 12.2% | 10.2% |
| PBT | 52.06 | 5.6% | 53.0% |
| Net Profit | 39.03 | 3.3% | 52.1% |
| OPM | 9.76% | 1.72pp | 5.30pp |
| NPM | 3.61% | 0.30pp | 4.19pp |
| EPS | 1.97 | 3.1% | 52.2% |
Indo Count Industries Announces Q2FY26 Results: Volume Grew by 7%, Revenue by 12% on QoQ Basis, Net Debt to Equity at 0.34x
11 Nov 2025 · 11 Nov 2025, 04:24 pm
Summary
Indo Count Industries Limited (BSE: 521016) (NSE: ICIL), announced its un-audited financial results for the quarter ended 30% September 2025. The company delivered volume growth on QoQ basis, despite the challenging environment due to US tariff rates volatility. The new business segments, including the addition of Tommy Hilfiger brand to the licensed brand portfolio, are expected to play a significant role in the Indo Count 2.0 growth journey.
Key Highlights
- 1
Volume grew by 7% and Revenue by 12% on QoQ basis
- 2
Licensed Brand Portfolio Enhanced: Tommy Hilfiger added to the Utility Bedding Portfolio
- 3
Positive Traction Continues in New Businesses: Recorded revenue of Rs. 181 Crs, up by ~40% on QoQ basis
- 4
Net debt to equity stood at 0.34x as on 30th September 2025
- 5
New business (Utility bedding and USA brand business) continues to show positive trajectory and customer acceptance
- 6
Signed a license agreement with Tommy Hilfiger brand for utility bedding business
- 7
Branded business across all 3-categories contributed ~20% to overall revenues
- 8
Non-U.S. core business contributed ~30% to the overall revenue mix
- 9
Domestic business contributed 2.25% to overall revenues
Management Comments
Mr. Anil Kumar Jain
Executive Chairman
FY26 began in a highly fluid tariff environment with US tariff rates moving from 10% to 25% and subsequently to 50%. Navigating the business under such volatility has been challenging. However, our approach has remained consistent to maintain our market share and ensure our manufacturing facilities continue to operate optimally. Despite these challenging times, we delivered volume growth on QoQ basis. In the short term, we chose to share a portion of the additional tariff cost with customers on a case-by-case basis, which impacted margins this quarter. We anticipate this situation to prevail until the tariff structure stabilizes. During this period, we are enhancing operating efficiencies and expanding our presence in other markets, while maintaining a balance between market share and profitability.
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