Outcome of Board Meeting

Ref No.: ICIL/28/2026-27 12th August 2026 National Stock Exchange of India Ltd. BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Company Symbol : ICIL Scrip Code No. : 521016 Subject: Outcome of Board Meeting held on 12th August, 2026– Unaudited Standalone & Consolidated Financial Results of the Company for quarter ended 30th June, 2026 Dear Sir/Madam, We wish to inform that Board of Directors at its Meeting held today i.e. on 12th August, 2026, has approved the Unaudited Standalone & Consolidated Financial Results of Indo Count Industries Limited (the ‘Company’) for the quarter ended 30th June, 2026. Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith the following documents: 1. Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended 30th June, 2026; 2. Limited Review Report issued by M/s. Price Waterhouse Chartered Accountants LLP, Statutory Auditors of the Company on Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended 30th June, 2026. The Board Meeting of the Company commenced at 12:30 p.m. (IST) and concluded at 2:15 p.m. (IST). Kindly take note of the same. Thanking you, Yours faithfully, For Indo Count Industries Limited Satnam Saini Company Secretary & Sr. GM - Legal Encl.: A/a INDO COUNT INDUSTRIES LIMITED CIN No.: L72200PN1988PLC068972 Regd. Off. - Office No. 1, Plot No. 266, Village Alte, Kumbhoj Road, Taluka Hatkanangale, Dist. Kolhapur - 416 109. e-mail icilinvestors@indocount.com; website www.indocount.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026 (Rs. in Lakhs) Sr. No. Particulars Quarter Ended Year Ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 Unaudited Unaudited Unaudited Audited (Refer Note 5) (Refer Note 3) 1 INCOME Revenue from Operations 1,20,696.20 1,05,767.65 95,870.60 4,14,134.88 Other Income 1,704.90 3,004.51 861.31 6,949.74 Total Income 1,22,401.10 1,08,772.16 96,731.91 4,21,084.62 2 EXPENSES (i) Cost of Materials Consumed 47,797.72 41,690.32 39,225.58 1,71,654.64 (ii) Purchases of Stock-in-Trade 9,102.60 6,034.00 4,730.73 12,737.70 (iii) Changes in Inventories of Finished Goods, Stock-in-Trade and Work-in- (2,983.50) (2,494.75) 494.17 4,788.93 Progress (iv) Employee Benefits Expense (Note 7) 16,958.41 14,289.14 11,701.47 51,590.12 (v) Finance Costs (Note 9) 3,156.09 4,359.54 3,110.85 13,604.20 (vi) Depreciation and Amortisation Expense 4,533.89 4,260.55 3,797.20 15,917.54 (vii) Other Expenses 35,484.95 37,617.52 28,618.14 1,34,166.45 Total Expenses 1,14,050.16 1,05,756.32 91,678.14 4,04,459.58 3 Profit before Tax (1+2) 8,350.94 3,015.84 5,053.77 16,625.04 4 Tax Expenses Current Tax 1,907.19 1,318.23 1,189.14 5,235.99 Deferred Tax 121.31 (722.58) (37.35) (1,278.57) Total Tax Expenses 2,028.50 595.65 1,151.79 3,957.42 5 Profit for the period (3-4) 6,322.44 2,420.19 3,901.98 12,667.62 6 Other Comprehensive Income/(Loss) (net of tax) a) Items that will not be reclassified to Profit or Loss -Gain/(Loss)onremeasurementofpost-employmentbenefitobligations(netof (43.37) 178.73 (0.87) 339.84 tax) b) Items that will be reclassified to Profit or Loss - Net (Loss)/Gain on cash flow hedges (net of tax) 2,225.12 (1,394.01) 319.15 (2,815.81) - Exchange Difference on translating financial statements of Foreign Operations (18.95) 541.78 75.07 1,136.88 Total Other Comprehensive Income / (Loss) for the period (net of tax) 2,162.80 (673.50) 393.35 (1,339.09) 7 Total Comprehensive Income for the period (5+6) 8,485.24 1,746.69 4,295.33 11,328.53 8 Profit attributable to : - Owners of the Company 6,322.44 2,420.19 3,901.98 12,667.62 - Non-controlling interests - - - - 9 Other Comprehensive Income / (Loss) attributable to : - Owners of the Company 2,162.80 (673.50) 393.35 (1,339.09) - Non-controlling interests - - - - 10 Total Comprehensive Income attributable to : - Owners of the Company 8,485.24 1,746.69 4,295.33 11,328.53 - Non-controlling interests - - - - 11 Paid up Equity Share Capital (face value Rs. 2 each) 3,961.08 3,961.08 3,961.08 3,961.08 12 Other Equity 2,31,568.79 13 Earning Per Share (in Rupees) face value Rs. 2 each (not annualised except year end): a) Basic 3.19 1.23 1.97 6.40 b) Diluted 3.19 1.23 1.97 6.40 See accompanying notes forming part of the Consolidated Financial Results Notes: 1 The above results of Indo Count Industries Limited ('the Holding Company') and its Subsidiaries (together referred to as 'Group') were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 12, 2026. The Statutory Auditors of the Company have conducted a Limited Review of above Consolidated Financial Results for the Quarter Ended June 30, 2026. 2 The above Financial Results are prepared in compliance with Indian Accounting Standard ("IndAS") as notified under section 133 of the Companies Act, 2013 ("the Act") [Companies (Indian Accounting Standards) Rules, 2015], as amended. 3 Business combinations a) During the Quarter ended September 30, 2024, the Company's wholly owned Subsidiary, Indo Count Global Inc., USA (“ICG”) acquired 81% controlling stake in Fluvitex USA. Inc., Ohio, for an all cash consideration of US$ 19.63 Mn (equivalent Rs. 16,446.35 lakhs), with effect from September 01, 2024. Further, the Company has an exclusive option to purchase remaining 19% stake within next 5 years i.e, by September 30, 2029 at a fixed consideration of USD 4.6 Mn (equivalent Rs. 3,938.52 lakhs). During the year ended March 31, 2025, this transaction was accounted for in accordance with the acquisition method specified in Ind AS 103 "Business Combination". The purchase price allocation which was earlier done on a provisional basis was finalised in the quarter ended September 30, 2025 (within the measurement period, i.e. within one year from the acquisition date in accordance with paragrapgh 45 of Ind AS 103) based on the final valuation report from an independent valuer. Accordingly, the provisional amounts of assets and liabilities recognised at the acquisition date was retrospectively adjusted. b) During the Quarter ended December 31, 2024, the Company's wholly owned Subsidiary, ICG, acquired 100% controlling stake in Modern Home Textile, Inc., USA, Arizona, for an all cash consideration of US$ 11.89 Mn (equivalent Rs.9,996.17 lakhs), with effect from October 11, 2024. During the year ended March 31, 2025, this transaction was accounted for in accordance with the acquisition method specified in Ind AS 103 "Business Combination". The purchase price allocation which was earlier done on a provisional basis was finalised in the quarter ended September 30, 2025 (within the measurement period, i.e. within one year from the acquisition date in accordance with paragrapgh 45 of Ind AS 103) based on the final valuation report from an independent valuer. Accordingly, the provisional amounts of assets and liabilities recognised at the acquisition date was retrospectively adjusted. The Reconciliation of the reported and restated results are as below :- Consolidated Financial Results (Rs. in Lakhs) Quarter Ended Particulars 30-06-2025 Reported Restated Cost of Material Consumed 3 9,324.03 3 9,225.58 Depreciation and Amortisation Expense 3 ,821.24 3 ,797.20 Profit before Tax 4 ,931.28 5 ,053.77 Deferred Tax ( 37.35) (37.35) Profit for the period 3 ,779.49 3 ,901.98 Other Comprehensive Income/(Loss) (net of tax) 391.80 3 93.35 Total Comprehensive Income 4,171.29 4 ,295.33 EPS (Basic and Diluted) 1.91 1 .97 4 The Group is primarily engaged in the activity of manufacture of textile products. Information is reported to and evaluated regularly by the Chief Operating Decision Maker (CODM) for the purpose of resource allocation and assessing performance, focuses on the b [Showing first 8,000 characters — download PDF for full document]