Ice Make top story!

Mr. Chandrakant Patel, Chairman & Managing Director said
“We are pleased to report a strong close to the year, with a 64% sequential revenue growth in Q4 FY25, demonstrating the strength of our underlying business and recovery in order execution. While we delivered robust revenue growth during FY2025, reaching nearly 480 crore, we narrowly missed our internal milestone of 500 crore due to delayed execution of certain product order in the 1st 9 months of FY25. These delays, along with the timing mismatch of input costs already accounted for, impacted full-year profitability. Despite these headwinds, our operations remained resilient, supported by our strategic investments in innovation, capacity expansion, and a customer-centric approach. We also saw continued momentum in our commercial and industrial refrigeration verticals, including ammonia refrigeration and cold chain solutions. The Board’s recommendation of a final dividend reflects our unwavering commitment to long-term shareholder value and sustainable growth.”

Strong Finish to FY25: Ice Make Reports 64% Q4 Surge, Reaches 480 Cr. in Revenue in FY25