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ICE Make Refrigeration's revenue increased 38.6% YoY
  • 15 Feb 2026
  • ICE Make Refrigeration Ltd reported a 4.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 38.6%.
  • Its expenses for the quarter were up by 4.7% QoQ and 41.4% YoY.
  • The net profit decreased 28.6% QoQ and decreased 48.4% YoY.
  • The earnings per share (EPS) of ICE Make Refrigeration Ltd stood at 0.93 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

ICE Make Refrigeration Ltd is a company engaged in the production and supply of refrigeration products and solutions. The company operates within the refrigeration industry, providing a range of products and services that cater to diverse cooling needs. ICE Make Refrigeration Ltd focuses on delivering energy-efficient and eco-friendly refrigeration systems, which include cold room solutions, commercial refrigeration, and industrial refrigeration products. The company serves numerous sectors such as food processing, pharmaceuticals, dairy, and hospitality. As of the given data, there are no specific recent major developments mentioned.

In the third quarter of fiscal year 2026 (Q3FY26), ICE Make Refrigeration Ltd reported a total income of ₹153.48 crores. This represents a quarter-over-quarter (QoQ) increase of 4.0% from ₹147.58 crores in Q2FY26. On a year-over-year (YoY) basis, total income grew by 38.6%, up from ₹110.77 crores in Q3FY25. The consistent increase in total income over both the quarter and the year indicates a significant revenue performance during this period, reflecting the company's ability to enhance its revenue streams effectively.

During Q3FY26, ICE Make Refrigeration Ltd recorded a profit before tax of ₹1.90 crores, down from ₹2.77 crores in Q2FY26, marking a QoQ decrease of 31.4%. When compared to the previous year (Q3FY25), the profit before tax decreased by 47.1% from ₹3.59 crores. The tax expense for Q3FY26 was ₹0.45 crores, which is a reduction from ₹0.75 crores in Q2FY26, and from ₹0.78 crores in Q3FY25, representing QoQ and YoY decreases of 40.0% and 42.3%, respectively. Consequently, the profit after tax for Q3FY26 was ₹1.45 crores, reflecting a decline of 28.6% QoQ from ₹2.03 crores in Q2FY26 and a 48.4% decrease YoY from ₹2.81 crores in Q3FY25.

The earnings per share (EPS) for ICE Make Refrigeration Ltd in Q3FY26 stood at ₹0.93, compared to ₹1.28 in Q2FY26, resulting in a 27.3% decline QoQ. The EPS also decreased by 48.9% YoY from ₹1.82 in Q3FY25. This performance metric indicates a reduction in earnings distributed to shareholders per share over both the quarter and the year. The financial data provided does not include other operating metrics such as key financial ratios, but the observed trends in the main profitability metrics highlight the changes in operational efficiency and shareholder returns during this period.