Indian Card Clothing Company's Q1 FY 2025-26 Quarterly Results

Result Summary

• Indian Card Clothing Company Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 21.6%.
• Its expenses for the quarter were down by 17.9% QoQ and 12.5% YoY.
• The net profit increased 56.8% QoQ and decreased 96.6% YoY.
• The earnings per share (EPS) of Indian Card Clothing Company Ltd stood at 3.86 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indian Card Clothing Company Ltd is a company that specializes in the manufacturing and marketing of card clothing and allied products primarily used in the textile industry. The company is a significant player in the textile machinery sector, where its products are crucial in the carding process, an essential step in textile production. As of the latest information available, Indian Card Clothing Company Ltd continues to focus on innovation and efficiency in its manufacturing processes. Any recent major developments are not available in the provided data.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Indian Card Clothing Company Ltd reported a total income of ₹16.81 crores. This represents a marginal increase of 0.1% compared to the previous quarter (Q4FY25), where the total income stood at ₹16.80 crores. However, when compared year-over-year, there is a significant decrease of 21.6% from Q1FY25, which recorded a total income of ₹21.44 crores. This decline in revenue on a year-over-year basis suggests a substantial reduction in the company's income over the past year.

Profitability

The company's profitability metrics for Q1FY26 indicate a profit before tax of ₹2.87 crores. This marks a significant turnaround from a loss of ₹0.97 crores in the previous quarter (Q4FY25), reflecting a change in profitability of -395.9% quarter-over-quarter. However, when comparing year-over-year, there is a notable decline of 96.0% from the profit before tax of ₹72.47 crores in Q1FY25. The tax expense for Q1FY26 stood at ₹0.58 crores, a substantial change from a tax credit of ₹2.43 crores in Q4FY25 and a tax expense of ₹5.63 crores in Q1FY25. The profit after tax for Q1FY26 was ₹2.29 crores, which is a QoQ increase of 56.8% from ₹1.46 crores in Q4FY25, but a YoY decrease of 96.6% from ₹66.84 crores in Q1FY25. The earnings per share for Q1FY26 was ₹3.86, up 57.6% from Q4FY25, but down 96.6% from Q1FY25.

Operating Metrics

The operating metrics for Indian Card Clothing Company Ltd show that the total expenses for Q1FY26 were ₹13.94 crores, marking a decrease of 17.9% quarter-over-quarter from ₹16.97 crores in Q4FY25 and a decrease of 12.5% year-over-year from ₹15.93 crores in Q1FY25. This reduction in expenses QoQ and YoY suggests a significant cost management effort. The company's focus remains on maintaining operational efficiency amidst fluctuations in income and profitability. Key financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not included in the provided data, thus not calculated.