ICIL

** Indian textile stocks down between 1% and 3%

** Trump executive order imposes additional 25% tariff on goods from India for Russian oil trade

** KPR Mill KPRM.NS leads decline with 2.6% drop, Gokaldas Exports' GOKL.NS down 2.2%

** Welspun Living WLSP.NS, Vardhman Textiles VART.NS Indo Count ICNT.NS down ~2%; Trident TRIE.NS drops 1%

** WLSP, GOKL, ICNT, TRIE derive 40%-70% of their revenues from the U.S.

** They fell 3%-7% on July 31 when Trump announced 25% tariffs on Indian products, along with undisclosed penalty for New Delhi's trade with Moscow

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of Indo Count Industries ICNT.NS rise 13.3% to 305.5 rupees

** Manufacturer and exporter of bedding products says Q3 consol net profit rose 30% to 754.7 million rupees ($8.7 million) as rev growth outweighed rise in expenses

** Co to set up a greenfield manufacturing facility in North Carolina, US with an investment of $15 million

** Stock set for best pct gain in a session since July 1, 2024, to snap three sessions of losses

** More than 4 million shares traded, 16.7x its 30-day moving avg

** Shares traded most in a session in over seven months

** ICNT rose 6.1% in 2024

($1 = 86.8030 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Feb 11 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• DEC-QUARTER CONSOL NET PROFIT 754.7 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.52 BILLION RUPEES

Source text: ID:nNSE72yTmX

Further company coverage: ICNT.NS

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Nov 7 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• SEPT-QUARTER CONSOL NET PROFIT 815.4 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.36 BILLION RUPEES

Source text: ID:nBSE3yd9mP

Further company coverage: ICNT.NS

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Oct 14 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES LTD - ACQUIRES MODERN HOME TEXTILES INC., USA.

Source text for Eikon: ID:nBSE57pnP1

Further company coverage: ICNT.NS

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** Shares of Indo Count Industries ICNT.NS rise as much as 3.5% to 415.30 rupees

** Bed linen co's U.S.-based unit acquires majority 81% stake in pillow and quilt manufacturer Fluvitex USA for $19.63 mln

** Adds deal gives it an option to buy the remaining stake in Fluvitex in the next 5 years

** Over 360,000 shares traded in stock's busiest day in more than a week

** ICNT last up 1.8%, extending YTD gains to 32.8%

(Reporting by Meenakshi Maidas in Bengaluru)

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July 29 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES JUNE-QUARTER CONSOL NET PROFIT 778 MILLION RUPEES

• INDO COUNT INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.41 BILLION RUPEES

Source text for Eikon: ID:nBSEb1VgzM

Further company coverage: ICNT.NS

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April 19 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• UNIT ACQUIRED GLOBAL BRAND WAMSUTTA

• COST OF ACQUISITION AT $10.25 MILLION

Source text for Eikon: ID:nBSE3KGXXb

Further company coverage: ICNT.NS

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** Shares of Indo Count Industries ICNT.NS rise as much as 8.1% to 302.80 rupees, their highest level since Oct. 18, 2021

** The home textile bed linen co on Monday reported more than 70% Y/Y jump in Q2 consolidated profit, while revenue rose nearly 20% Y/Y

** Sales volume during Q2 increased 40% Y/Y to 28.7 million metres

** ICNT has also revised its sales volume guidance upward to 90-100 million metres for FY24 from 85-90 million metres

** More than 2 mln shares change hands by 11:48 a.m. IST, 2.4x 30-day avg

** Stock last up 5.1%, bumping YTD gains to ~119%

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Nov 6 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• SEPT-QUARTER CONSOL PROFIT 1.14 BILLION RUPEES VERSUS PROFIT 669.7 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.09 BILLION RUPEES VERSUS 8.44 BILLION RUPEES

Further company coverage: ICNT.NS

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Aug 7 (Reuters) - Indo Count Industries Ltd ICNT.NS:

• INDO COUNT INDUSTRIES LTD JUNE-QUARTER CONSOL PROFIT 737.4 MILLION RUPEES VERSUS 773.8 MILLION RUPEES

• INDO COUNT INDUSTRIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.41 BILLION RUPEES VERSUS 7.03 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: ICNT.NS

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