The Board of Directors of The Indian Card Clothing Company Limited, in their meeting held on May 29, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the standalone quarter ended March 31, 2026, the company reported revenue from operations of ₹822.53 lakhs. The net loss for the same period was ₹361.66 lakhs. A comparative analysis of the standalone financial results is presented below:
| Particulars | Quarter Ended 31-Mar-26 | QoQ Change (%) | YoY Change (%) |
| Revenue from Operations | ₹822.53 Lakhs | (12.40)% | (7.11)% |
| Net Profit/(Loss) | (₹361.66) Lakhs | 338.16% | (121.21)% |
The Indian Card Clothing Company Limited is a leading manufacturer of card clothing, which is essential equipment for the textile industry. Established in 1955 and headquartered in Pune, India, the company specializes in providing high-quality card clothing solutions to textile mills worldwide. It operates manufacturing facilities, including a plant in Nalagarh, Himachal Pradesh. The company’s business is deeply linked to the performance of the textile sector, and it also manages real estate assets.
The Indian Card Clothing Company Limited is a pioneer in the card clothing industry, consistently focusing on innovation and quality to meet the evolving needs of the global textile market. The company has been navigating challenges within the Indian textile industry, which has been impacted by global geopolitical issues and a general economic slowdown. Management remains cautious but optimistic, expecting a recovery in the textile industry within the next 9 to 12 months. Furthermore, the company continues to optimize its asset portfolio, including the strategic sale of commercial properties like the Baner Property.
For the quarter ended March 31, 2026, the company’s standalone revenue was ₹822.53 lakhs, compared to ₹938.94 lakhs in the previous quarter and ₹885.42 lakhs in the corresponding quarter of the previous year. The standalone net loss for the quarter was ₹361.66 lakhs, in contrast to a net loss of ₹0.08 lakhs in the previous quarter and a net profit of ₹1,706.64 lakhs in the same quarter of the previous year. The company’s earnings per share (EPS) for the current quarter stood at (₹6.09).
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