Indo Count Industries Q2 Net Profit Hits Rs 131.88 Crore

Revenue for the quarter stood at Rs 1,672.65 crore, with EPS rising to Rs 6.66.

Reader Takeaway: Strong revenue growth and EPS expansion drive performance, with flood-related inventory losses effectively neutralized by insurance claims.

What just happened

Indo Count Industries released its financial results for the quarter ended September 30, 2026. The company recorded a consolidated net profit of Rs 131.88 crore, significantly higher than the Rs 39.03 crore reported in the same quarter last year. Revenue from operations also saw a sharp uptick to Rs 1,672.65 crore from Rs 1,062.14 crore in Q2 FY26.

Why this matters

The results demonstrate significant operational growth despite a natural disaster. During the quarter, the company’s manufacturing facility in Bhilad, Gujarat, suffered an inventory loss of Rs 45.02 crore due to unprecedented rainfall and flooding. However, the company recognized an equivalent insurance claim in its profit and loss statement, ensuring the net impact on profitability remained neutral.

The backstory

The insurance process is underway, and the company has received a positive signal from insurers. An interim payment of Rs 14.99 crore has already been approved post-quarter end, providing immediate liquidity and validating the company's claim. This transparent disclosure regarding the Bhilad facility incident has provided clarity to investors on the potential risks and mitigating financial coverage.

What to track next

Investors should monitor the final settlement of the insurance claims for the Bhilad plant. While the interim payment is a positive initial step, the ultimate full recovery of the claim remains a key point of focus for management in the upcoming quarters.