Integrated Filing — IndAS



General information about company
Scrip Code 521016
NSE Symbol ICIL
MSEI Symbol NOTLISTED
ISIN INE483B01026
Name of company Indo Count Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Textiles
Start date and time of board meeting 30-May-2025   16:30:00
End date and time of board meeting 30-May-2025   19:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-30
Indicate Company website link for updated RPT policy of the Company https://www.indocount.com/investors/corporate-governance
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There were no default on loans and debt securities in the company



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 8648402000 37716498000
Other income 88102000 495645000
Total income 8736504000 38212143000
2 Expenses
(a) Cost of materials consumed 3170182000 16742094000
(b) Purchases of stock-in-trade 22436000 160804000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1306527000 868156000
(d) Employee benefit expense 805103000 3257676000
(e) Finance costs 280924000 1071024000
(f) Depreciation, depletion and amortisation expense 211551000 830142000
(f) Other Expenses
1 Other Expenses 2821969000 12048210000
Total other expenses 2821969000 12048210000
Total expenses 8618692000 34978106000
3 Total profit before exceptional items and tax 117812000 3234037000
4 Exceptional items 0 0
5 Total profit before tax 117812000 3234037000
6 Tax expense
7 Current tax 9420000 785343000
8 Deferred tax 26640000 76535000
9 Total tax expenses 36060000 861878000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 81752000 2372159000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 81752000 2372159000
17 Other comprehensive income net of taxes 133114000 -48449000
18 Total Comprehensive Income for the period 214866000 2323710000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 396108000 396108000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 21966257000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.42 11.98
Diluted earnings (loss) per share from continuing operations 0.42 11.98
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.42 11.98
Diluted earnings (loss) per share from continuing and discontinued operations 0.42 11.98
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notes nThe above results of Indo Count Industries Limited were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30 2025. The Statutory Auditors of the Company have conducted the Audit of the above Standalone Financial Results for the Year Ended March 31 2025 n nThe Board recommended Final Dividend of Rs 2 per Equity Share of Rs 2 each, ie 100 percent subject to the approval of Shareholders at ensuing Annual General Meeting n nThe above Financial Results are prepared in compliance with Indian Accounting Standard IndAS as notified under section 133 of the Companies Act, 2013 the Act Companies Indian Accounting Standards Rules 2015 as amended n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 12604225000
Capital work-in-progress 266331000
Investment property 0
Goodwill 0
Other intangible assets 66410000
Intangible assets under development 203586000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 519176000
Trade receivables, non-current 0
Loans, non-current 1260756000
Other non-current financial assets 56269000
Total non-current financial assets 1836201000
Deferred tax assets (net) 454408000
Other non-current assets 711611000
Total non-current assets 16142772000
2 Current assets
Inventories 8859677000
Current financial asset
Current investments 1345735000
Trade receivables, current 7892251000
Cash and cash equivalents 803607000
Bank balance other than cash and cash equivalents 66979000
Loans, current 0
Other current financial assets 207424000
Total current financial assets 10315996000
Current tax assets (net)
Other current assets 1643563000
Total current assets 20819236000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 36962008000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 396108000
Other equity 21966257000
Total equity attributable to owners of parent 22362365000
Non controlling interest
Total equity 22362365000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 832024000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 434386000
Total non-current financial liabilities 1266410000
Provisions, non-current 156706000
Deferred tax liabilities (net) 942884000
Deferred government grants, Non-current 0
Other non-current liabilities 330098000
Total non-current liabilities 2696098000
Current liabilities
Current financial liabilities
Borrowings, current 9268588000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 450853000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1172653000
Total Trade payable 1623506000
Other current financial liabilities 767772000
Total current financial liabilities 11659866000
Other current liabilities 195539000
Provisions, current 48140000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 11903545000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 14599643000
Total equity and liabilites 36962008000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Defined Benefit Plans -2204000 -11340000
2 Tax on above 555000 2854000
Total Amount of items that will not be reclassified to profit and loss -1649000 -8486000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
1 Net Change in Forex 180087000 -53404000
2 Tax on above -45324000 13441000
Total Amount of items that will be reclassified to profit and loss 134763000 -39963000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 133114000 -48449000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3234037000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1071024000
Adjustments for decrease (increase) in inventories 1670580000
Adjustments for decrease (increase) in trade receivables, current -2224304000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 548723000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -4828000
Adjustments for other financial assets, current -14511000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -1361069000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 53969000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 830142000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 21851000
Adjustments for provisions, non-current 25312000
Adjustments for other financial liabilities, current 169071000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -95253000
Adjustments for dividend income 0
Adjustments for interest income 203468000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -55488000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 431751000
Net cash flows from (used in) operations 3665788000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 961144000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2704644000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 413431000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 7179000
Purchase of property, plant and equipment 1016264000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 95083000
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 116917000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -857010000
Net cash flows from (used in) investing activities -2067526000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1500857000
Repayments of borrowings 541099000
Payments of lease liabilities 90288000
Dividends paid 435720000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1075320000
Net cash flows from (used in) financing activities -641570000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -4452000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -4452000
Cash and cash equivalents cash flow statement at beginning of period 808059000
Cash and cash equivalents cash flow statement at end of period 803607000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Price Waterhouse Chatered Accountants LLP Yes 30-Nov-2026


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Indo Count Industries Limited Mr. Anil Kumar Jain Executive Chairman Remuneration As per the Companies Act 2013 63398000 42891000 58310000
2 Indo Count Industries Limited Mr. Mohit Jain Executive Vice Chairman Remuneration As per the Companies Act 2013 48444000 32700000 46946000
3 Indo Count Industries Limited Mr. Kailash R. Lalpuria Executive Director & CEO Remuneration As per the Companies Act 2013 19000000 450000 150000
4 Indo Count Industries Limited Mr. Kamal Mitra Director Works Remuneration As per the Companies Act 2013 4136000 225000 375000
5 Indo Count Industries Limited Mrs. Gayatri Devi Jain Relative of Executive Chairman and Vice Chairman Remuneration As per the Companies Act 2013 2640000 0 0
6 Indo Count Industries Limited SVA Advisors LLp Proprietor being a Relative of Executive Chairman and Vice Chairman Any other transaction Consulation Fees Approved by Audit Committee & Board 1592000 0 0
7 Indo Count Industries Limited Dr. Sanjay Kumar Panda Independent Director Any other transaction Sitting Fees and Commission As approved by NRC committee and Board 650000 75000 150000
8 Indo Count Industries Limited Mr. Siddharth Mehta Independent Director Any other transaction Sitting Fees and Commission As approved by NRC committee and Board 650000 75000 150000
9 Indo Count Industries Limited Mr. Akash Nandkishor Kagliwal Independent Director Any other transaction Sitting Fees and Commission As approved by NRC committee and Board 650000 75000 150000
10 Indo Count Industries Limited Mr. L Viswanathan Independent Director Any other transaction Sitting Fees and Commission As approved by NRC committee and Board 500000 75000 150000
11 Indo Count Industries Limited Mrs. Ambika Sharma Independent Director Any other transaction Sitting Fees and Commission As approved by NRC committee and Board 725000 75000 150000
12 Indo Count Industries Limited INDO COUNT GLOBAL INC. USA Wholly owned subsidiary Any other transaction Commission received As per Companies Act 2013 13623000 3557000 17239000
13 Indo Count Industries Limited INDO COUNT GLOBAL INC. USA Wholly owned subsidiary Sale of goods or services As per Companies Act 2013 2318583000 1652527000 2508400000
14 Indo Count Industries Limited INDO COUNT GLOBAL INC.USA Wholly owned subsidiary Interest received As per Companies Act 2013 43564000 41067000 85416000
15 Indo Count Industries Limited INDO COUNT UK LIMITED Wholly owned subsidiary Any other transaction Commission Paid As per Companies Act 2013 33707000 9533000 36508000
16 Indo Count Industries Limited INDO COUNT UK LIMITED Wholly owned subsidiary Sale of goods or services As per Companies Act 2013 141931000 184060000 187275000
17 Indo Count Industries Limited INDO COUNT RETAIL VENTURES PRIAVATE LIMITED Wholly owned subsidiary Sale of goods or services As per Companies Act 2013 0 0 0
18 Indo Count Industries Limited INDO COUNT RETAIL VENTURES PRIAVATE LIMITED Wholly owned subsidiary Any other transaction Allocation of Common Expenses As per Companies Act 2013 10000 0 0
19 Indo Count Industries Limited Indo Count Global DMCC Wholly owned subsidiary Any other transaction Service fees paid As per Companies Act 2013 26970000 8798000 4487000
20 Indo Count Industries Limited Indo Count Foundation Significant control Any other transaction CSR expenses As per Companies Act 2013. Prescribed CSR Expenditure for FY 2024 25 44840000 0 0
21 Indo Count Industries Limited Kids Creation Proprietor being a Relative of Executive Chairman and Vice Chairman Any other transaction Consultation fees Approved by Audit Committee & Board 340000 0 0
22 Indo Count Industries Limited A. K. Jain HUF Significant control Any other transaction Lease rent paid As per Companies Act 2013 2030000 61000 61000
23 Indo Count Industries Limited INDO COUNT UK LIMITED Wholly owned subsidiary Any other transaction Payment of Market Development charges As per Companies Act 2013 1003000 0 0
24 Indo Count Industries Limited Indo Count Global DMCC Wholly owned subsidiary Sale of goods or services As per Companies Act 2013 42333000 0 0
25 Indo Count Industries Limited Mr. Aayan Jain Relative of Executive Chairman and Vice Chairman Remuneration As approved by Audit committee and Board 60000 0 0
26 Indo Count Industries Limited INDO COUNT GLOBAL INC. USA Wholly owned subsidiary Any other transaction Recovery of Loan Processing Fee As per Companies Act 2013. 1328000 0 3888000
Total value of transaction during the reporting period 2812707000