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Incorporated in 1973, International Conveyors Limited (ICL) is engaged in the manufacturing and marketing of solid woven PVC covered conveyor belts. These belts are fire retardant, antistatic and are mainly used in underground mines for transportation of minerals such as Coal & Potash
The company clarified an error in its Q1 2025 consolidated financial results. The EPS of Rs. 8.22 was inadvertently placed under 'discontinued operations' instead of 'continuing operations.' This error has been rectified and new results submitted, impacting only the presentation, not the underlying financial figures.
International Conveyors Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. For this period, standalone revenue from operations stood at ₹2,616 crore, while consolidated revenue was ₹2,609 crore. Profit after tax reached ₹2,014 crore for the standalone and...
Consolidated financials are unavailable for the period. For the quarter and half-year, total revenue has shown notable growth, though specific figures are not provided in the document. Demand increases from core markets and operational efficiencies are likely drivers of this upward trend. Net profit figures reflect a year-over-year comparison, but...