International Combustion posts net loss for FY26
International Combustion (India) Limited reported a net loss of ₹239.15 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹1494.82 lakh in FY25. Revenue from operations increased slightly to ₹29466.68 lakh. The board approved the audited results, did not recommend a dividend, and scheduled the AGM for August 19, 2026.

*this image is generated using AI for illustrative purposes only.
International Combustion (India) Limited reported a net loss of ₹239.15 lakh for the financial year ended March 31, 2026, a sharp decline from the net profit of ₹1494.82 lakh recorded in the previous year. The company's revenue from operations for FY26 stood at ₹29466.68 lakh, marginally higher than the ₹29298.11 lakh reported in FY25. The board of directors, meeting on May 28, 2026, approved the audited financial results but decided not to recommend any dividend for the financial year 2025-26.
The financial performance was adversely impacted by increased costs of input materials and operating expenses, which rose despite operational revenue remaining at similar levels to the previous year. The company recognized an exceptional item of ₹51 lakh during the year, related to past service costs for gratuity and leave encashment following the notification of new Labour Codes by the Government of India. Consequently, the profit before exceptional items and tax for the year was a negative ₹268.63 lakh.
Quarterly Performance
For the quarter ended March 31, 2026, the company reported a net profit of ₹107.66 lakh, a recovery from the net loss of ₹265.46 lakh in the quarter ended December 31, 2025. Revenue from operations for Q4FY26 was ₹8619.55 lakh, compared to ₹7258.01 lakh in the preceding quarter. The total expenses for the quarter were ₹8548.56 lakh, slightly lower than the income, allowing for a marginal profit before tax and exceptional items of ₹70.99 lakh.
Key Financial Metrics
| Particulars | Year Ended 31.03.2026 (₹ in Lakh) | Year Ended 31.03.2025 (₹ in Lakh) |
|---|---|---|
| Revenue from operations | 29466.68 | 29298.11 |
| Total Expenses | 29735.31 | 28089.83 |
| Profit / (Loss) before tax | (319.63) | 1354.12 |
| Net Profit / (Loss) | (239.15) | 1494.82 |
| Earnings Per Share (Basic) | (10.01) | 62.54 |
Board Decisions and Appointments
Alongside the financial results, the board approved the re-appointment of M/s. Swapan De & Associates as Internal Auditors for FY27 and M/s. Roy Amit & Co. as Tax Auditors for FY26. The board also convened the 90th Annual General Meeting for August 19, 2026, via Video Conferencing. The trading window for insiders, which had been closed since April 1, 2026, will remain shut until 48 hours after the declaration of these financial results.
Historical Stock Returns for International Combustion
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.96% | -2.85% | -11.43% | -18.71% | -44.41% | +123.72% |
What specific strategies is the company implementing to mitigate the rising costs of input materials and operating expenses?
How will the recent notification of new Labour Codes and the associated exceptional costs impact the company's long-term financial planning?
Given the Q4 recovery, is the company confident in sustaining profitability in the upcoming fiscal year?


































