Indian Card Clothing Company Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

The Indian Card Clothing Company has announced a board meeting on the financial results for the quarter and year ended March 31, 2025. Consolidated revenue was Rs 85.9 Cr, with net profit soaring to Rs 91.9 Cr from Rs 7.97 Cr last year, driven by exceptional gains from selling commercial property in Coimbatore for Rs 11 Cr. The carding segment logged an operating loss of Rs 16.4 Cr, while the realty business contributed a solid Rs 41.8 Cr profit. Cash reserves improved to Rs 40.4 Cr as the company braces for textile sector headwinds ahead.