India's Indo Count Industries settles lower on Q2 profit drop

Indo Count Industries

07/11/2024 10:07

** Shares of Indo Count Industries  ICNT.NS  settles 4.9%
down at 377 rupees 
    ** Manufacturer and exporter of bedding products says its Q2
consolidated net profit fell 29% to 815.4 million rupees ($9.7
million) 
    ** ICNT stock, which was down 2% earlier in the day, fell as
much as 5.3% after results announcement 
    ** Day's losses trim ICNT's YTD gains to 22.5% 


($1 = 84.3570 Indian rupees)

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))