International Combustion (India) News

CRISIL Reaffirms International Combustion Credit Rating

CRISIL reaffirmed International Combustion's BBB long-term rating and A3+ short-term rating on working capital facilities, citing strong track record and diversified profile with negative outlook.

International Combustion (India) Reports Net Loss of Rs 79.65 Lakhs in Q2

International Combustion (India) Limited reported a net loss of Rs 79.65 lakhs for the second quarter ended September 30, 2025, compared to a profit of Rs 237.76 lakhs in the previous year. Revenue from operations declined to Rs 7,533.48 lakhs from Rs 9,885.76 lakhs year-over-year. For the half-year period, the company posted a net loss of Rs 90.26 lakhs versus a profit of Rs 135.22 lakhs in the corresponding period last year. The company operates in three business segments: Mineral Material Processing & Handling Equipment, Geared Motor & Gearbox, and Building Materials. Total assets stood at Rs 24,207 lakhs as of September 30, 2025. The Board of Directors approved these unaudited financial results at their meeting held on November 4, 2025.

International Combustion (India) Reports Loss of Rs 93.28 Lakh in Q1 FY26

International Combustion (India) Limited reported a net loss of Rs 93.28 lakh for the quarter ended June 30, 2025, compared to a profit of Rs 177.44 lakh in the same quarter last year. Revenue from operations declined to Rs 5,988.57 lakh from Rs 5,952.62 lakh year-over-year. The company's earnings per share dropped to negative Rs 3.90 from positive Rs 7.42 in the previous year quarter. Total expenses increased to Rs 6,124.83 lakh, with cost of materials consumed being the largest component at Rs 3,126.24 lakh. The Mineral & Material Processing segment generated Rs 3,728.22 lakh in revenue, while Geared Motor & Gear Box contributed Rs 1,509.53 lakh and Building Material segment added Rs 892.26 lakh.