Financial Results for the Quarter and year ended 31.03.2026
Awaiting price reaction for this filing.
Oswal Yarns Limited reported a net loss of Rs 11.98 Lacs for FY26, slightly improved from Rs 13.93 Lacs loss in FY25. Total income declined significantly to Rs 137.20 Lacs from Rs 199.39 Lacs in the prior year, representing a revenue decline of about 31%. The company posted a loss of Rs 5.05 Lacs in Q4 FY26. Operating cash flow turned negative at Rs 10.95 Lacs compared to positive Rs 27.11 Lacs in the previous year. The auditor issued an unmodified (clean) opinion. The company has negative reserves of Rs 91.81 Lacs, though this improved from Rs 104.24 Lacs. The balance sheet shows total assets of Rs 354.40 Lacs.
The company continues to burn cash with persistent losses and negative operating cash flow, indicating operational challenges in the yarn business. The significant revenue decline and negative cash flows are concerning for shareholders and may put pressure on the stock price.