The board of directors in their meeting held today i.e. 11 th August, 2025 has approved the standalone and consolidated financial results for the quarter ended 30th June, 2025
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Garment Mantra Lifestyle reported Q1 FY26 results with standalone revenue from operations of Rs 2,118 lakhs, down about 17% from Rs 2,546 lakhs in Q1 FY25. Despite the revenue dip, standalone net profit jumped to Rs 201.22 lakhs from Rs 36.35 lakhs, but this surge was almost entirely driven by a one-time exceptional gain of Rs 195.11 lakhs from the sale of a fixed asset. Profit before tax before this exceptional item was Rs 76.81 lakhs, up from Rs 49.12 lakhs last year, indicating modest underlying improvement. On a consolidated basis (including subsidiaries Jannat Fabrics and Twenty Twenty Trading LLP), revenue fell to Rs 3,716 lakhs from Rs 4,069 lakhs, while net profit rose to Rs 247 lakhs from Rs 70 lakhs, again boosted by the same exceptional item. The auditor (NBT and Co) issued an unmodified limited review report. The company also appointed Mr. B Venkateswar as Cost Auditor for FY25-26.
Core operations actually shrank this quarter, but the headline profit jump is almost entirely due to a one-off asset sale, so shareholders should look through the exceptional item to gauge real business performance. The weak top-line print is a concern even as underlying margins improved.