Ice Make Refrigeration Limited — Important, 08-08-2025: Updates
08-08-2025 | 10:16 am
08-08-2025 | 10:16 am
Ice Make Refrigeration reported strong Q1 FY26 revenue of ₹111.50 Cr, a 30%+ increase year-over-year, driven by consistent demand and order execution. However, the company posted a net loss of ₹-1.47 Cr due to seasonal input costs and higher finance expenses, which management views as short-term. The Board approved a dividend of ₹2.25 per share for FY25 and increased authorized capital to support future growth. Strategic plans include capacity expansion, potential acquisitions, and developing ESG-compliant cold chain solutions, signaling confidence in long-term profitable growth.
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