Indo Count Industries Share Price

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 pertaining to Elevation of Mr. Pankaj Saxena as President - Retail

• BSE India
• 1 hour 32 minutes ago

<h3><span style="font-size:16px;"><strong>Textiles company Indo Count Industries announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Revenue from Operations:</strong> The company reported revenue of Rs 1,20,696.20 lakh in Q1FY27, marking a YoY growth of 25.89% compared to Rs 95,870.60 lakh in Q1FY26 (restated) and a QoQ growth of 14.11% from Rs 1,05,767.65 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Total Income:</strong> Total income for the quarter stood at Rs 1,22,401.10 lakh, an increase of 26.54% YoY from Rs 96,731.91 lakh in Q1FY26 and a 12.53% increase QoQ from Rs 1,08,772.16 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Profit Before Tax (PBT):</strong> PBT reached Rs 8,350.94 lakh in Q1FY27, reflecting a YoY growth of 65.24% from Rs 5,053.77 lakh in Q1FY26 and a significant sequential increase of 176.90% from Rs 3,015.84 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Net Profit:</strong> The company earned a net profit of Rs 6,322.44 lakh in Q1FY27, representing a YoY increase of 62.03% compared to Rs 3,901.98 lakh in Q1FY26 and a QoQ jump of 161.24% from Rs 2,420.19 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Total Comprehensive Income:</strong> Total comprehensive income for Q1FY27 was Rs 8,485.24 lakh, compared to Rs 4,295.33 lakh in Q1FY26 and Rs 1,746.69 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS for Q1FY27 stood at Rs 3.19, compared to Rs 1.97 in Q1FY26 and Rs 1.23 in Q4FY26.</li> </ul> <p _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Revenue from Operations:</strong> Standalone revenue for Q1FY27 was Rs 81,943.66 lakh, up 11.75% YoY from Rs 73,326.67 lakh in Q1FY26 and up 8.12% QoQ from Rs 75,788.88 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Total Income:</strong> Standalone total income stood at Rs 83,972.19 lakh in Q1FY27, reflecting a growth of 12.77% YoY from Rs 74,464.90 lakh in Q1FY26 and 6.24% QoQ from Rs 79,038.91 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Profit Before Tax (PBT):</strong> Standalone PBT reached Rs 9,087.42 lakh in Q1FY27, showing a YoY growth of 67.90% from Rs 5,412.36 lakh in Q1FY26 and a QoQ increase of 102.58% from Rs 4,485.92 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Net Profit:</strong> Standalone net profit for the quarter was Rs 6,678.27 lakh, representing an increase of 65.79% YoY from Rs 4,028.08 lakh in Q1FY26 and an 81.52% increase QoQ from Rs 3,679.14 lakh in Q4FY26.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">EPS:</strong> Basic and Diluted standalone EPS for Q1FY27 was Rs 3.37, compared to Rs 2.03 in Q1FY26 and Rs 1.86 in Q4FY26.</li> </ul> <p _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Business Highlights</strong></p> <ul> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Business Combinations:</strong> In the previous year, the Group's wholly owned subsidiary, Indo Count Global Inc., USA (ICG), acquired an 81% controlling stake in Fluvitex USA Inc. for USD 19.63 million (equivalent to Rs 16,446.35 lakh) and a 100% controlling stake in Modern Home Textile, Inc., USA for USD 11.89 million (equivalent to Rs 9,996.17 lakh). The comparative figures for Q1FY26 have been retrospectively adjusted to reflect these acquisitions.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Utilization of IPO Proceeds:</strong> As of June 30, 2026, the company has utilized Rs 699.92 million of the total Rs 2,296.25 million raised through its IPO. Major utilization include Rs 562.23 million for pre-payment/re-payment of borrowings and Rs 85.73 million for general corporate purposes. Unutilized proceeds of Rs 1,596.33 million are temporarily invested in short-term deposits.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Dividend:</strong> During the quarter, the company paid a final dividend of Rs 4.00 per fully paid-up ordinary share (face value of Rs 2.00 each) for the year ended March 31, 2026, totaling Rs 1,473 crore.</li> <li _ngcontent-ng-c1940132427=""><strong _ngcontent-ng-c1940132427="">Labour Codes Impact:</strong> In FY26, the Group assessed the incremental impact of new Labour Codes as past service cost, amounting to a gratuity provision of Rs 881.92 lakh and compensated absences of Rs 78.78 lakh.</li> </ul> <p><strong>Anil Kumar Jain, Executive Chairman, said:</strong> “The global textile industry is entering a new phase with evolving trade agreements and changing sourcing patterns, creating a favourable environment for Indian exporters. The implementation of the India-UK Free Trade Agreement, along with the progress on trade negotiations with the US and the EU, is expected to strengthen India's competitiveness and expand long-term opportunities for the textile industry.</p> <p>Q1FY27 provided a steady start toward achieving our near-term goal for FY27, supported by the normalization of the US tariff scenario and a higher contribution from our new business, which continues to scale and contribute meaningfully to our overall performance.</p> <p>Indo Count has consistently prioritized sustainable and environmentally responsible growth, with a strong focus on energy efficiency, responsible sourcing of raw materials, and the integration of ESG principles across its operations. Reflecting these continued efforts, We have been recognized with three prestigious CITI awards for initiatives in energy-efficient textile manufacturing, innovation-led integration of ESG principles, and responsible cotton sourcing.</p> <p>While near-term global uncertainties remain, we believe Indo Count is well positioned to benefit from the evolving trade landscape. Backed by a resilient business model, we remain committed to executing our Indo Count 2.0 strategy by strengthening our global presence, expanding our value-added businesses and creating sustainable value for all our stakeholders.”</p> <p><a class="lb" href="/get-document/post/pdf/5783059/" target="_blank">Result PDF</a></p>

• Trendlyne
• 2 hours 19 minutes ago

Partial Resumption of Operations at our Bhilad, Gujarat Facility

• BSE India
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