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Indo Count Industries Ltd Q2FY24; 70% rise in Profits

Indo Count Industries Limited (ICIL) is engaged in the home textiles & bedding industry. The company is a manufacturer and exporter of bed sheets, bed linen and quilts. It is the largest global bed linen player.

Financial Results:

  • Indo Count Industries Ltd reported Revenues for Q2FY24 of ₹1,033.00 Crores up from ₹849.00 Crore year on year, a rise of 21.67%.
  • Total Expenses for Q2FY24 of ₹882.00 Crores up from ₹765.00 Crores year on year, a rise of 15.29%.
  • Consolidated Net Profit of ₹114.00 Crores up 70.15% from ₹67.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.77, up 70.21% from ₹3.39 in the same quarter of the previous year.
Tags: textile
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