International Conveyors Reports ₹68.4 Cr Profit, Recommends ₹0.50 Dividend

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AuthorRiya Kapoor|Published at:
International Conveyors Reports ₹68.4 Cr Profit, Recommends ₹0.50 Dividend
Overview

International Conveyors Ltd announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a consolidated profit after tax of ₹68.38 crore on revenue of ₹271.90 crore. A final dividend of ₹0.50 per share was recommended.

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International Conveyors Ltd released its audited financial results for the fiscal year ending March 31, 2026.

Financial Performance FY26

The company reported consolidated revenue of ₹271.90 crore and a consolidated profit after tax of ₹68.38 crore for the fiscal year.

Dividend Recommendation

The Board of Directors recommended a final dividend of ₹0.50 per equity share for FY 2025-26. This payout is subject to shareholder and regulatory approvals.

Auditor Re-appointment

Internal and statutory auditors were re-appointed. This move ensures continued financial oversight and reporting integrity for the upcoming fiscal year, FY 2026-27.

Operational Context

International Conveyors operates in the conveyor belt manufacturing sector. The reported results reflect the company's performance against its strategic objectives for the fiscal year.

Potential Risks

Auditors noted that the consolidated financial results relied on unaudited statements from two subsidiaries. While considered not material to the group, this reliance could present a risk if underlying issues exist within those subsidiaries.

Key Metrics

For the financial year ended March 31, 2026:

  • Consolidated Revenue: ₹27,190 lakh (₹271.90 cr)
  • Consolidated Profit After Tax: ₹6,838 lakh (₹68.38 cr)
  • Standalone Revenue: ₹26,210 lakh (₹262.10 cr)
  • Standalone Profit After Tax: ₹6,806 lakh (₹68.06 cr)

Investor Watchlist

Investors will want to track the dividend payout details, including the record date. Future financial performance, segment-specific results, and any further information regarding the subsidiary financial statements will be important to monitor.

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