Indo Count Industries sees growth, expands brand portfolio

Indo Count Industries Limited reported a 12% revenue growth and 7% volume growth quarter-over-quarter for Q2 FY26. Total income reached INR 1,082 Crs, with EBITDA at INR 123 Crs and PAT at INR 39 Crs. Net debt to equity stood at 0.34x as of September 30, 2025, with net debt reduced by INR 175 Crs during H1 FY26.

The company enhanced its licensed brand portfolio by adding Tommy Hilfiger for the utility bedding segment, marking its sixth licensed brand. New businesses, including utility bedding and USA brand business, showed positive traction, contributing INR 181 Crs in Q2 FY26, a ~40% increase quarter-over-quarter. Branded business across all three categories contributed approximately 20% to overall revenues.

Despite increased US tariff rates impacting margins, Indo Count maintained its market share. The commissioning of a third manufacturing unit for utility bedding in the USA by Q3 or early Q4 FY26 is expected to enhance capacity and further support growth in new business segments.