ICE Make Refrigeration's revenue increased 41.7% YoY
  • 30 May 2026
  • ICE Make Refrigeration Ltd reported a 66.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 41.7%.
  • Its expenses for the quarter were up by 60.1% QoQ and 47.3% YoY.
  • The net profit increased 597.9% QoQ and decreased 13.3% YoY.
  • The earnings per share (EPS) of ICE Make Refrigeration Ltd stood at 6.41 during Q4 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 that operates in the refrigeration industry, offering a range of products and services related to cooling solutions. The company specializes in manufacturing industrial refrigeration equipment, including cold rooms, freezers, chillers, and other temperature-controlled solutions. These products are vital for industries like food processing, pharmaceuticals, and logistics, where maintaining specific temperature conditions is crucial for quality and safety. As of the most recent quarter, the company has been focusing on expanding its product line and enhancing its market presence. However, specific recent developments or strategic initiatives beyond this general description are not available in the provided data.

In the fourth quarter of the fiscal year 2026 (Q4FY26), ICE Make Refrigeration Ltd reported a total income of ₹256.23 crores, showing a significant increase from the ₹153.48 crores recorded in the third quarter of the same fiscal year (Q3FY26), which represents a quarter-over-quarter (QoQ) growth of 66.9%. Comparing year-over-year (YoY) performance, the total income rose by 41.7% from ₹180.82 crores in the fourth quarter of the previous fiscal year (Q4FY25). This increase in revenue highlights the company's growth in income generation over both the last quarter and the year.

The company's profitability metrics for Q4FY26 reveal a profit before tax (PBT) of ₹13.56 crores, significantly higher than the ₹1.90 crores reported in Q3FY26, marking a QoQ increase of 613.7%. However, compared to Q4FY25, where the PBT was ₹16.06 crores, there is a YoY decline of 15.6%. The tax expenses for the quarter were ₹3.43 crores, up from ₹0.45 crores in Q3FY26, a QoQ increase of 662.2%, but down from ₹4.40 crores in Q4FY25, reflecting a YoY decline of 22.0%. Consequently, the profit after tax (PAT) for Q4FY26 stands at ₹10.12 crores, a marked improvement from the ₹1.45 crores in Q3FY26, showing a QoQ growth of 597.9%. Compared to the previous year's Q4FY25 PAT of ₹11.67 crores, the YoY figure shows a decrease of 13.3%.

Operating expenses for ICE Make Refrigeration Ltd in Q4FY26 were ₹242.67 crores, which is a rise from ₹151.58 crores in Q3FY26, resulting in a QoQ increase of 60.1%. When compared to Q4FY25, where total expenses were ₹164.76 crores, there is a YoY increase of 47.3%. The earnings per share (EPS) for Q4FY26 is reported at ₹6.41, a substantial increase from ₹0.93 in Q3FY26, reflecting a QoQ rise of 589.2%. However, this represents a YoY decline of 13.6% from the EPS of ₹7.42 reported in Q4FY25. These figures illustrate the company's operational expenditure and earnings capacity relative to its performance in previous quarters and the same quarter of the previous year.

ICE Make Refrigeration Ltd announced its Q4 FY 2025-26 results on 30 May, 2026.

ICE Make Refrigeration Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.

Key highlights of ICE Make Refrigeration Ltd Q4 FY 2025-26 results include:

  • Revenue: ₹256.23 crore
  • Net Profit: ₹10.12 crore
  • EBITDA: ₹21.77 crore
  • Year-over-Year Growth: 41.7%
  • Quarter-over-Quarter Growth: 66.9%

ICE Make Refrigeration Ltd reported a net profit of ₹10.12 crore in Q4 FY 2025-26, reflecting a -13.3% year-over-year growth.

ICE Make Refrigeration Ltd posted a revenue of ₹256.23 crore in Q4 FY 2025-26.