Indo Count Q3 FY21 net profit jumps to ₹93 cr

Indo Count, an India-based end-to-end bedding provider, has reported 24 per cent increase in its revenue from operations to ₹783.1 crore in its third quarter (Q3) FY21 ended on December 31, 2020 compared to the revenue of ₹636.8 crore in the same period previous fiscal. Company’s net profit for the period jumped to ₹92.8 crore (Q3 FY20: ₹19.5 crore).

 

Indo Count, an India-based end-to-end bedding provider, has reported 24 per cent increase in its revenue from operations to ₹783.1 crore in its third quarter (Q3) FY21 ended on December 31, 2020 compared to the revenue of ₹636.8 crore in the same period previous fiscal. Company's net profit for the period jumped to ₹92.8 crore (Q3 FY20: ₹19.5 crore).#

Total income for Q3 FY21 grew to ₹667.4 crore (₹576.9 crore). While, profit before tax was ₹124.8 crore (₹23.0 crore). EBITDA for the period slipped to ₹143 crore (₹81 crore).

 

Indo Count, an India-based end-to-end bedding provider, has reported 24 per cent increase in its revenue from operations to ₹783.1 crore in its third quarter (Q3) FY21 ended on December 31, 2020 compared to the revenue of ₹636.8 crore in the same period previous fiscal. Company's net profit for the period jumped to ₹92.8 crore (Q3 FY20: ₹19.5 crore).#

“We are on track with renewed momentum of staying relevant to our customers with the right product & services,” Anil Kumar Jain, executive chairman at Indo Count, said in a press release.

 

Indo Count, an India-based end-to-end bedding provider, has reported 24 per cent increase in its revenue from operations to ₹783.1 crore in its third quarter (Q3) FY21 ended on December 31, 2020 compared to the revenue of ₹636.8 crore in the same period previous fiscal. Company's net profit for the period jumped to ₹92.8 crore (Q3 FY20: ₹19.5 crore).#

“Our technology competence, talented team, complete portfolio solutions along with our long-term commitment makes a difference to our customers and gives us the confidence in these challenging times to move ahead,” Jain said.