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International Conveyors Limited informed the National Stock Exchange of India and BSE Ltd that its register and share transfer book will be closed from September 18, 2026, to September 24, 2026, for the purpose of final dividend for the financial year ended March 31, 2026, and the company’s 53rd Annual General Meeting scheduled for September 24, 2026; the record date and cut-off date has been fixed for September 17, 2026.

International Conveyors Ltd share price slipped 0.53% to Rs 73.47 after the company`s net profit soared by 2903.01% to Rs 119.82 crore, while revenue from operations nosedived 63.60% to Rs 35.32 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.7 lakh crore, declining 0.45%. It has remained flat over last one week and rallied by 41.59% in last one month while the market capitalization of International Conveyors Ltd has softened by 1.65% and 7.64% in the same period respectively. Profit before tax (PBT) of International Conveyors Ltd stood at Rs 151.85 crore in Q2 FY26, rallying 119.88% year-on-year, and jumping 2456.40% quarter-on-quarter. EBITDA came in at Rs 140 crore, surging by 131.33% YoY and tumbling by 581.19% sequentially. Total expenses plunged by 63.64% to Rs 28.65 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 26.18 crore, slightly declining by 4.94% YoY, while employee benefits expense was at Rs 2.86 crore, plunging by 21.86% YoY. For the TTM ended FY26, revenue from operations rose 13.38% to Rs 151.85 crore, while net profit saw a strong growth of 46.99% to Rs 91.71 crore, compared to previous TTM. EBITDA tanked by 4654% to Rs 83.49 crore, and PBT surged 50.94% to Rs 116.27 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 14.93 crore in FY26, as against Rs 12.0 crore in FY25. International Conveyors Ltd crashed 13.50% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.

International Conveyors will hold a meeting of the Board of Directors of the Company on 14 August 2026.

International Conveyors announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Net profit of International Conveyors declined 69.38% to Rs 3.99 crore in the quarter ended March 2026 as against Rs 13.03 crore during the previous quarter ended March 2025. Sales rose 77.71% to Rs 97.03 crore in the quarter ended March 2026 as against Rs 54.60 crore during the previous quarter ended March 2025.For the full year,net profit declined 25.44% to Rs 68.38 crore in the year ended March 2026 as against Rs 91.71 crore during the previous year ended March 2025. Sales rose 40.36% to Rs 213.13 crore in the year ended March 2026 as against Rs 151.85 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales97.0354.60 78 213.13151.85 40 OPM %19.2019.27 -18.8714.14 - PBDT6.3410.14 -37 90.56118.01 -23 PBT5.949.72 -39 88.99116.27 -23 NP3.9913.03 -69 68.3891.71 -25 Powered by Capital Market - Live News