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ICE Make Refrigeration Ltd Q1FY24; 73% rise in Profits

Established in 1993, Ice Make Refrigeration Ltd. is engaged in the business of providing customized cooling solutions like Cold Rooms, Freezers, Commercial and Industrial Refrigeration Systems, Chilling Plants, etc.


Financial Results:

  • ICE Make Refrigeration Ltd reported Revenues for Q1FY24 of ₹79.14 Crores up from ₹64.85 Crore year on year, a rise of 22.04%.
  • Total Expenses for Q1FY24 of ₹72.16 Crores up from ₹60.76 Crores year on year, a rise of 18.76%.
  • Consolidated Net Profit of ₹5.36 Crores up 72.9% from ₹3.10 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.40, up 73.47% from ₹1.96 in the same quarter of the previous year.
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