Record break Q2 performance by IndoCount

Highest ever quarterly Revenue, surpassing Rs.1000 Crs+ milestone

FinTech BizNews Service   

Mumbai, November 7, 2023: IndoCount Industries Ltd (BSE: 521016) (NSE: ICIL) today announced its Q2 and H1FY24 results.

RECORD BREAKING PERFORMANCE - Q2FY24

• Highest ever quarterly Revenue, surpassing Rs.1000 Crs+ milestone
• Highest ever quarterly Volumes
• Highest ever quarterly EBITDA
• Volume Guidance for FY24 Revised to 90 - 100 Mn Mtrs

Commenting on the results, Anil Kumar Jain, Executive Chairman said, “Our robust performance, achieving Rs. 1000cr + quarterly revenue for the 1st time in the company’s history, showcases our distinct strategic vision and the enduring strength of our capabilities. Being the largest global providers of comprehensive bed linen solutions, our steadfast commitment to sustainable initiatives and community engagement have played a pivotal role in driving our growth. As a leading exporter, our unwavering focus remains on expanding our share in both global and domestic markets.”