ICDS Limited reported a 43% decline in net profit to ₹46.37 lakh for the financial year ended March 31, 2026, compared to ₹81.38 lakh in the previous year. Revenue from operations fell to ₹298.22 lakh from ₹433.12 lakh in FY25. The company's Board of Directors approved the audited standalone financial results at a meeting held on May 29, 2026. The results were published in Udayavani Kannada daily and The New Indian Express on May 30, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹58.58 lakh, contrasting with a net profit of ₹68.48 lakh in the corresponding quarter of the previous year. Basic earnings per share (EPS) for the year decreased to ₹0.36 from ₹0.62 in the previous year. The company noted that it has opted for the Direct Tax Vivad Se Vishwas (DTVSV) Scheme 2024 to resolve a tax dispute for the assessment year 1998-99, depositing ₹113.53 lakh as determined by the authorities.

Standalone Financial Performance

The company's financial performance for the year reflects a decrease in operational income. Profit before tax for the year stood at ₹56.86 lakh, a drop from ₹218.40 lakh in FY25. Equity share capital remained constant at ₹1,302.67 lakh.

Segment Reporting and Disclosures

The company operates across four reportable segments: financial services, trading, rent on premises, and others. The financial services segment involves the recovery of loans and advances, while others include marketing insurance products. The company stated it has prepared its accounts on a 'going concern basis' due to positive net worth and cash flows, supported by its scheme of arrangement and foray into fee-based activities and rentals.

ICDS Ltd has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider the unaudited or audited financial results for the quarter and year ended March 31, 2026. This announcement was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The meeting is convened to review the company's financial performance for the specified period. The board will deliberate upon the financial results, which will determine the company's standing for the fourth quarter and the full fiscal year of 2026.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for designated persons. This closure is effective from April 01, 2026, and will remain in place until May 31, 2026, to prevent potential insider trading activities during the period leading up to the financial results announcement.

The notice was signed by Sujir Prabhakar, Chairman & Managing Director of ICDS Ltd, on May 20, 2026. Shareholders and market participants can await the official release of the financial results following the board meeting.