Ice Make Refrigeration Reports Strong Q2 FY26 Performance with Return to Profitability
Ice Make Refrigeration reported strong Q2 FY26 results with standalone revenue of ₹148.70 crore and PAT of ₹1.45 crore, marking a significant return to profitability.
The announcement details a substantial financial turnaround, moving from a loss to a profit, alongside robust revenue growth. This indicates a significant positive change in the company's financial health and operational performance, likely to have a high impact on investor perception.
The company reported a strong sequential return to profitability from a loss in the previous quarter, coupled with significant year-on-year and quarter-on-quarter revenue growth, indicating strong operational recovery and market traction.
Ice Make Refrigeration Limited announced its unaudited financial results and investor update for the quarter ended September 30, 2025, demonstrating a strong return to profitability and significant revenue growth. * Standalone Financial Highlights (Q2 FY26): * Revenue from Operations stood at ₹148.70 crore, marking a 47% year-on-year and 33% quarter-on-quarter growth. * Profit Before Tax (PBT) was ₹1.97 crore, a turnaround from a loss of ₹1.79 crore in Q1 FY26. * Profit After Tax (PAT) was ₹1.45 crore, reversing the ₹1.39 crore loss recorded in the previous quarter. * Consolidated Financial Highlights (Q2 FY26): * Revenue from Operations reached ₹147.49 crore, reflecting a 43% year-on-year and 32% quarter-on-quarter increase. * Consolidated PBT was ₹2.77 crore, compared to a loss of ₹1.84 crore in Q1 FY26. * Consolidated PAT improved to ₹2.02 crore, against a loss of ₹1.47 crore in the prior quarter. Mr. Chandrakant P. Patel, Chairman and Managing Director, stated that the second quarter reflects a strong recovery driven by improved market traction across core business segments. He highlighted the return to profitability as encouraging, demonstrating the impact of operational discipline and customer-focused execution. The company remains confident in delivering profitable growth through its multi-pronged expansion strategy and is committed to supporting India’s need for energy-efficient and sustainable refrigeration infrastructure. Business Outlook: The company anticipates healthy demand, supported by expansion in food processing, dairy value chains, pharmaceuticals, cold chain logistics, and process industries. Ice Make plans to strengthen its product capabilities, market reach, and customer service platforms to sustain long-term growth.
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Ice Make Refrigeration Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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