Indo Count Industries Limited — Updates, 11-02-2025: Press Release

Indo Count Industries Limited reported robust growth for the nine months of FY25, with total income reaching ₹3,162 Cr, marking a 26% year-on-year increase. Their performance in Q3FY25 showcased sales of 27.7 million meters, catalyzed by contributions from Fluvitex USA, Inc. and Modern Homes Textiles, which collectively added approximately ₹100 Cr to revenues. The company is advancing a Greenfield project in North Carolina aimed at enhancing its utility bedding capacity to 31 million pillows and 1.5 million quilts annually.

Key appointments, including a new CEO for U.S. operations, highlight a strategic focus on leadership and operational efficiency. Despite some pressure on margins from a challenging product mix and rising freight costs, the company remains optimistic about meeting its full-year sales volume guidance of 110-115 million meters. The outlook emphasizes expansion in the branded and bedding business as pivotal growth drivers, with expectations of doubling revenue by 2028 through strategic investments and an enhanced product portfolio. Investors should watch closely for developments stemming from these strategic initiatives.