Conference Call with Indo Count Industries Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Indo Count Industries announced Q1FY25 results: Robust Volume Growth of 26% YoY at 25.3 million meters Robust Revenue Growth of 27% YoY at Rs 950 crore Sales Volume for Q1FY25 stood at 25.3 million Mtrs V/s 20.0 million Mtrs In Q1FY24, Growth of 26% Our FY25 volume guidance of 110-115 million Mtrs and Margin guidance of 16% - 18% remainsintact Maintained EBIDTA guidance despite higher expenses related to logistics and brand building FY25 Volume Guidance of 110-115 million. Mtrs. & Margin Guidance of 16%-18% on track Acquisition of US National Brand Wamsutta completed for Rs 85 crore via internal accruals Awarded Gold Trophy by TEXPROCIL for the fifth consecutive year for made-ups exports Commenting on the results Anil Kumar Jain, Executive Chairman said, “The company has achieved remarkable growth in both volume and value, despite facing geopolitical and logistical challenges. With both ongoing and new strategies progressing seamlessly as planned, we are on a path to robust growth. The company's long-term aspirations are becoming more solidified, reflecting a strong foundation for future achievements. A steadfast commitment to elevating each product category to new heights will ensure a bright and prosperous future.” Result PDF
Conference Call with Indo Count Industries Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Indo Count Industries announced FY24 results: Volumes: 96.8 million Mtrs, up by 30% YoY Total Income: Rs 3,601 crore, up by 18% YoY EBITDA: Rs 603 crore, up by 24% YoY PAT: Rs 338 crore, up by 22% YoY Final Dividend @ Rs 2.20 per equity shares of Rs 2 each @110% Commenting on the results, Anil Kumar Jain, Executive Chairman, said, “Our company has demonstrated remarkable performance in FY24, as evidenced through our results. The strategic focus on moving towards value-added products through brands and distribution, leveraging capital allocation, optimizing operations and providing overall better solutions to the end customers has been instrumental in driving our growth. Moreover, concerted efforts to embed robust ESG practices across ecospace, with a strong emphasis on sustainability, reaffirms our dedication to responsible business conduct thereby helping us maintain leadership position.” Result PDF