Damodar Industries Limited has informed the Exchange regarding Board meeting held on August 02, 2025.
DAMODARIND · price
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Awaiting price reaction for this filing.
Damodar Industries' board met on August 2, 2025 and approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Net sales rose to about Rs 10,335 lakhs, up roughly 21% from Rs 8,515 lakhs in Q1 FY25, with the company operating in a single segment - textile goods. Net profit for the quarter stood at Rs 232.19 lakhs, down from Rs 320.96 lakhs in the year-ago quarter, indicating a YoY profit decline even as topline expanded. The statutory auditor Devpura Navlakha & Co. issued a clean limited review report with no qualifications. Basic and diluted EPS was Rs 1.00 for the quarter versus Rs 1.38 in Q1 FY25.
Strong revenue growth was offset by a meaningful drop in net profit, suggesting margin pressure or higher operating costs despite the sales scale-up. For retail investors, this is a mixed print - topline momentum is positive, but profitability needs to be watched closely in upcoming quarters.