International Combustion (India) Reports Q1 Loss Amid Revenue Decline
International Combustion (India) Limited reported a net loss of Rs 93.28 lakh for Q1, compared to a profit of Rs 177.44 lakh in the same quarter last year. Revenue from operations slightly increased to Rs 5,988.57 lakh. EPS dropped to -Rs 3.90 from Rs 7.42. Total expenses rose to Rs 6,124.83 lakh. The Mineral & Material Processing segment remained the primary revenue driver, contributing 62.26% of total revenue.