ICDS Limited Announces Q2 Results for 2026, Approves AGM and Highlights Operational Segments

ICDS Limited Announces Q2 Results for 2026, Approves AGM and Highlights Operational Segments​

ICDS Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on August 11, 2026. Furthermore, the company confirmed that it will convene an Annual General Meeting (AGM) on September 24, 2026.

The unaudited standalone financial results and consolidated financial performance for the quarter ended June 30, 2026, were reviewed by independent auditors. The results reflect a Total Revenue of 147.65 units, down from 3296 units reported in Q1 of the current year (as per the table presentation), with total expenses reported at 65.19 units. The company recorded a Profit/Loss after tax of 78.96 units for the quarter. Earnings per share (EPS) before tax stood at 82.45, while diluted EPS was 0.61.

Consolidated Performance and Segment Details

For the three months ended June 30, 2026, ICDS Limited also reported unaudited consolidated financial results. Total revenue for the Group stood at 173.01 units, against total expenses of 7158 units. The company recorded a Profit/Loss after tax of 93.43 units, with basic EPS reported as 101.43 and diluted EPS at 0.72.

Segment information, presented in Rupees in Lakhs, showed the following performance for the quarter ended June 30, 2026:

Notes and Operational Updates

The company's operations are carried out across four reportable segments: Financial Services (recovery of loans and advances), trading, rent on premises, and others. Other income includes dividend income, interest income, unwinding interest income on financial assets, and fair value gain/loss on financial assets.

In a significant operational note, the company provided details regarding an advance paid in 1991-92 to a stock broker. The Special Court intervened in this matter, ultimately upholding the company's claim in 2021-22. The company subsequently received Rs 652.18 Lakhs on May 18, 2022, towards amounts deposited with the Special Court, which was recognized as exceptional income in financial year 2021-22.

Regarding tax matters, ICDS Limited opted for the Direct Tax Vivrad Se Vishwas (DTVSV) Scheme 2024 to resolve a tax dispute pertaining to an assessment year of 1998-99. The company had accounted for a provision for the tax amount following a demand issued by authorities in Form 2.

The management also confirmed that the Group has identified four reportable segments and that segment reporting is prepared according to Ind AS 108 'Operating Segments'. Furthermore, the company noted that it did not foresee any future impact of the new Labour Codes on its operations.

ICDSLTD Stock Price Movement​

Today, shares of ICDS Limited slipped after closing lower, settling at ₹40.7 following a 2.79% decline in post-market trading. The stock traded within an intraday range between a low of ₹39 and a high of ₹41.7, finishing significantly below its opening price of ₹41.2.