International Conveyors Ltd

📊 International Conveyors Ltd Q2 2026: PAT More Than Doubles

- Board approved Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.

- Re-appointed Shri Sunit Mehra (DIN: 00359482) as a Non-Executive Independent Director for a second term of 5 years, effective September 25, 2026, subject to shareholder approval.

- 53rd Annual General Meeting (AGM) scheduled for Thursday, September 24, 2026, at 2:00 P.M. at the Registered Office in Falta SEZ, West Bengal.

- Register of Members & Share Transfer Books will be closed from Friday, September 18, 2026, to Thursday, September 24, 2026 (both days inclusive).

- Cut-off date for remote e-voting entitlement fixed as Wednesday, September 17, 2026.

- Dividend on Equity Shares, if declared at the AGM, will be paid on or after Tuesday, September 29, 2026.

- Board approved reclassification request from promoters Ms. Pushpa Bagla and Ms. Smiti Somany from 'Promoter and Promoter Group' to 'Public' category, subject to regulatory compliance and shareholder approval.

- Consolidated results include subsidiaries: International Belting Limited, Conveyors Holdings Pte Limited, International Conveyors America Limited, INC, and International Conveyors Australia PTY LTD.

- Consolidated unaudited financial results include unreviewed results of two subsidiaries with total revenues of Rs. 112.47 lakhs and loss after tax of Rs. 6.51 lakhs for the quarter ended June 30, 2026.

- Standalone Profit After Tax for the quarter ended June 30, 2026, was Rs. 12,022 lakhs (compared to Rs. 5,221 lakhs in the same quarter last year).

- Consolidated Profit After Tax for the quarter ended June 30, 2026, was Rs. 12,367 lakhs (compared to Rs. 5,282 lakhs in the same quarter last year).

- Standalone Basic Earnings Per Share (EPS) for the quarter ended June 30, 2026, was Rs. 18.85 (compared to Rs. 8.24 in the same quarter last year).

- Consolidated Basic EPS for the quarter ended June 30, 2026, was Rs. 18.79 (compared to Rs. 8.22 in the same quarter last year).

- Paid-up Equity Share Capital is Rs. 638 lakhs.

- During the quarter, Profit on Investments of Rs. 142.80 Lakhs (includes fair value changes) was included in Other Income.