The Indian Card Clothing Company Limited reported a 95.4% year-on-year decline in consolidated net profit to ₹371.97 lakh for the financial year ended March 31, 2026, primarily due to the incremental impact of new labour codes. Revenue from operations for the year decreased marginally to ₹4,202.69 lakh from ₹4,203.06 lakh in the previous year. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

The company recognized an exceptional expense of ₹111.29 lakh for the year related to the New Labour Codes, 2025, effective from November 21, 2025. This charge arose from changes in the definition of wages and the recognition of past service costs. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹338.15 lakh, compared to a profit of ₹1,747.65 lakh in the same period last year. Revenue from operations for the quarter stood at ₹1,123.54 lakh.

Financial Performance

The standalone financial results for FY26 showed a net profit of ₹420.42 lakh, a significant decrease from ₹9,184.72 lakh in the previous year. Total income for the year stood at ₹5,723.32 lakh. The carding business segment faced continued headwinds from global geopolitical disturbances and an economic slowdown, with management anticipating a recovery in the textile industry over the next 9 to 12 months.

The board authorized Mr. Sanjeevkumar Karkamkar, Executive Director & CFO, to sign the financial results. The statutory auditors, P G BhAGWAT LLP, provided an unmodified opinion on the audited financial statements. The company also classified a commercial property at Amar Business Zone as "Assets Held for Sale" following a memorandum of understanding for its sale for ₹13.20 crore.

Indian card clothing company has submitted its quarterly compliance certificate to stock exchanges and depositories for the quarter ended March 31, 2026. The filing, made on April 14, 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The certificate was issued pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Head Legal & Corporate Affairs Amogh Barve signed the submission letter, which was addressed to multiple regulatory bodies and stock exchanges.

Registrar Confirmation

KFin Technologies Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on April 3, 2026. Vice President Dnyanesh Gharote signed the certificate, confirming adherence to dematerialization requirements.

The registrar certified that:

• Details of securities dematerialized during the quarter were furnished to all stock exchanges where the company's shares are listed
• Security certificates received for dematerialization were properly mutilated and cancelled after verification
• Names of depositories were substituted in the registered owner records within 15 days of document receipt

Filing Recipients

The compliance certificate was submitted to multiple regulatory authorities and market infrastructure institutions:

Company Identification

The filing included the company's market identifiers across different platforms. The company trades under the symbol INDIANCARD on both BSE and NSE, with BSE security code 509692.

Operational Framework

KFin Technologies Limited operates from multiple locations, with its operations center in Hyderabad's Financial District and registered office in Mumbai. The registrar maintains comprehensive depository services for the company's securities management and compliance requirements.