Q1 FY27 results: revenue dips, profit rises; director re-appointed
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H.P. Cotton Textile Mills posted Q1 FY27 consolidated revenue of Rs. 3,118 lakhs, down from Rs. 3,591 lakhs in Q1 FY26, a fall of around 13 percent. Profit after tax rose to Rs. 102 lakhs from Rs. 85 lakhs, with EPS at Rs. 2.60 versus Rs. 1.74. Standalone PAT jumped to Rs. 102 lakhs from Rs. 63 lakhs, up about 62 percent. The board also cleared the re-appointment of Mr. Vikram Sheth as Independent Director for a second five-year term from April 2027, pending shareholder approval.
Revenue slipped year-on-year but profit improved on both standalone and consolidated bases, signalling better margins despite weaker top line.