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Indian Card Clothing Company LimitedResults, 12-02-2025: Integrated Filing- Financial

12-02-2025 | 06:52 pm

The Indian Card Clothing Company has announced a board meeting to discuss the integrated filing of financial results for the quarter and nine months ended December 31, 2024. The company reported a standalone revenue of ₹943.98 crore and a total income of ₹1,393.54 crore, reflecting ongoing challenges in the textile sector due to geopolitical and economic conditions. A net loss of ₹26.20 crore was recorded for the quarter. The board's proposal to discontinue operations of its subsidiary, ICCIAL, which had minimal revenue contribution, is expected to enhance the consolidated profit going forward, presenting a potential positive outlook for investors amid current headwinds.

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