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30May 25
Indo Count Industries Reports Decline in Q4 Financial Performance
Indo Count Industries, a major textile player, released its Q4 FY23 results showing significant declines across key financial metrics. Revenue decreased by 6.42% to ₹10.20 billion, while EBITDA fell by 50.36% to ₹819.00 million. The EBITDA margin contracted to 8.01% from 15.12% in the previous year. Most notably, net profit plummeted by 87.81% to ₹112.00 million, compared to ₹919.00 million in Q4 FY22. The company also experienced a sequential decline in profitability from the previous quarter.