Indo Count Industries Ltd.

NSE: ICIL | BSE: 521016 | ISIN: INE483B01026 | Industry: Textiles
| Mid-range Performer
141.90 -0.45 (-0.32%)
NSE Aug 18, 2022 15:31 PM
Volume: 178.6K

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Indo Count Industries Ltd.    
02 Aug 2022

Textiles firm Indo Count Industries Announced Q1FY23 Result :

  • Completed the acquisition of Home Textiles business of GHCL Ltd.
  • Indo Count becomes the Largest Global Home Textile Bed Linen Company
  • Received Gold Trophy for the highest export performance 2020-2021 from TEXPROCIL
  • Licensed brand, Jasper Conran launched
  • Adopted a scientific approach in its journey for Climate action by joining global campaign led by SBTi
  • Volumes 19.1 Mn Mtrs
  • Total Income Rs. 722 Crs
  • EBITDA Rs. 141 Crs EBITDA Margin: 19.5%
  • PAT Rs. 77 Crs PAT Margin: 10.7% EPS: Rs. 3.91

Commenting on the results, Mr. Anil Kumar Jain - Executive Chairman said, “Despite challenging conditions including Inflationary environment in USA, sluggish customer off-take and a rise in overall input prices, we have achieved a leadership position and built a strong foundation. Our on-going initiatives on Branded businesses, B2C, D2C and Domestic market are bearing fruit. Also, our focus on value added products and customer services will provide us strategic advantage to sustain the future growth.”

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