International Combustion India Ltd — Important, 20-09-2025: Company Update

International Combustion (India) Limited's Chairman, Mr. Sanjay Bagaria, shared updates at the 89th Annual General Meeting. The company navigated a challenging year due to a capital goods slowdown, with revenue stable at Rs. 292.98 Cr compared to Rs. 296.78 Cr previously. However, profit before tax declined to Rs. 16.35 Cr from Rs. 32.07 Cr, impacted by increased competition and input costs. Encouragingly, a private sector CAPEX revival is underway. The company has expanded Heavy Engineering and Bauer capacities, launched "IC Torque Drive" gearboxes with positive initial market response, and expanded its Building Material Division into Europe and domestically. Minimal US market exposure limits tariff-related impact.