Indo Count Q2 Revenue Up 12% QoQ, Adds Tommy Hilfiger License
Indo Count Industries Limited, one of India’s leading home textile manufacturers and exporters, announced its unaudited financial results for the quarter ended September 30, 2025, reporting steady growth despite a volatile global trade environment.
The company recorded a 7% sequential volume growth and a 12% increase in revenue, with total income reaching Rs 1,082 crore in Q2 FY26. EBITDA stood at Rs 123 crore, up 3% quarter-on-quarter, while PAT was Rs 39 crore, maintaining stability amid tariff-related pressures. Net debt to equity stood at 0.34x, with Rs 175 crore in net debt reduction during H1 FY26.
Indo Count’s new businesses, comprising utility bedding and the USA brand portfolio, continued to gain traction, contributing 17% to total revenue, up from 13% in the previous quarter. The segment recorded Rs 181 crore in revenue, a ~40% increase QoQ. The company also announced the addition of Tommy Hilfiger to its licensed brand portfolio for the utility bedding segment, marking its sixth licensed brand alongside established global names.
Commenting on the performance, Anil Kumar Jain, Executive Chairman, said, “FY26 began in a highly fluid tariff environment with U.S. rates moving from 10% to 25% and later to 50%. Navigating such volatility has been challenging, yet we have sustained growth by maintaining market share and optimizing operations. In the short term, sharing part of the tariff cost with customers has impacted margins, but this strategy ensures long-term stability.”
He added that the company’s Indo Count 2.0 growth roadmap remains intact, supported by operating efficiencies, diversification across markets and growing traction in new businesses. The third manufacturing unit for utility bedding in the U.S. is expected to be commissioned by Q3–Q4 FY26, further expanding capacity and supporting the company’s long-term growth ambitions.
