ICEMAKE Ice Make Refrigeration Q2 FY26 results (Jul–Sep 2025) and concall
Ice Make Refrigeration reported strong Q2 FY26 results with consolidated revenue growing 43% YoY to ₹147.49 crores and EBITDA margin improving to 6.59%. Profit after tax turned positive, reaching ₹2.02 crores. The company maintains a robust order book of ₹190 crores and is focused on strategic growth initiatives, including a new CEO appointment and planned capacity expansion, despite acknowledging short-term pressures on gross margin and working capital.
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What they filed
Q2 FY26: revenue up 42.7%, net profit down 57.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 103 | 111 | 180 | 112 | 147 +43% |
| EBITDA | 8 | 7 | 21 | 4 | 10 +14% |
| Net profit | 5 | 3 | 12 | -1 | 2 −58% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
