International Combustion is a manufacturer of mineral grinding mills, and serving major core industries with a specialized range of products which include, Vibrating Screens and Feeders, cone crushers, Bulk Material Handling Equipment etc.. The company reported an excellent set of numbers for Q2Fy16 with net profit of Rs.4 crore v/s Rs.36 lakh (Yoy). This was on a total revenue of Rs.29 crore, up 38%. EBITDA witnessed an over 4 fold rise, from Rs. 80 lakh to Rs. 4 crore. EBITDA margin rose from 4% to 14%.

In terms of segment-wise breakup, Mineral & Materials division’s, which contributes near 75% to total revenue, showed a 60% jump in topline and EBIT was at Rs.7 crore. Geared Motor & Gear Box segment saw a steady revenue rise of around 3%.