International Conveyors' Q2 FY 2025-26 Quarterly Results

Result Summary

• International Conveyors Ltd reported a 87.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 79.3%.
• Its expenses for the quarter were up by 16.2% QoQ and 31.7% YoY.
• The net profit decreased 133.3% QoQ and decreased 164.8% YoY.
• The earnings per share (EPS) of International Conveyors Ltd declined at 2.74 during Q2 FY 2025-26.

Financial Statments for Q2 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

International Conveyors Ltd is a company known for its specialization in manufacturing and supplying conveyor belts, primarily for use in various industries such as mining, power generation, and material handling. The company operates within the industrial manufacturing sector, where its products play a crucial role in facilitating the efficient movement of materials. As of the latest data available up to October 2023, there are no specific recent major developments for International Conveyors Ltd that have been highlighted. The company continues its operations in manufacturing conveyor belts, which are essential components in industrial processes.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), International Conveyors Ltd reported a total income of ₹12.97 crores. This represents a significant decline of 87.2% from the previous quarter (Q1FY26), where the total income was ₹101.36 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), there was a decline of 79.3%, as the total income for Q2FY25 was ₹62.67 crores. These figures indicate a substantial reduction in revenue both on a quarter-over-quarter (QoQ) and year-over-year (YoY) basis, reflecting a challenging period for the company in terms of revenue generation.

Profitability

The profitability metrics for International Conveyors Ltd in Q2FY26 show a notable decline. The company recorded a loss before tax of ₹24.55 crores, compared to a profit before tax of ₹69.06 crores in Q1FY26, marking a significant decrease of 135.5% QoQ. When compared to Q2FY25, where the profit before tax was ₹34.19 crores, there was a YoY decline of 171.8%. The tax for Q2FY26 was recorded as a negative ₹7.19 crores, compared to a positive tax amount of ₹16.99 crores in Q1FY26 and ₹7.38 crores in Q2FY25, showing a reduction of 142.3% QoQ and 197.4% YoY. Profit after tax was a negative ₹17.36 crores for Q2FY26, declining 133.3% QoQ from ₹52.07 crores in Q1FY26 and 164.8% YoY from ₹26.81 crores in Q2FY25. Earnings per share (EPS) also showed a decrease, with a negative ₹2.74 for Q2FY26, down from ₹8.22 in Q1FY26 and ₹4.23 in Q2FY25, reflecting similar percentage declines as profit after tax.

Operating Metrics

The company's total expenses for Q2FY26 amounted to ₹37.52 crores, which is a 16.2% increase from the previous quarter's expenses of ₹32.30 crores in Q1FY26. When compared to Q2FY25, where the expenses were ₹28.48 crores, there is a YoY increase of 31.7%. The increase in total expenses, alongside the decline in total income, has impacted the company's operating performance for the quarter. The analysis of these figures suggests a challenging operating environment for International Conveyors Ltd, with increasing costs not matched by revenue growth.