Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indo Cotspin Limited reported weak Q1 FY26 results with revenue from operations falling to Rs 190.98 lakhs from Rs 307.10 lakhs in Q1 FY25, a sharp decline of about 38% year-on-year. Total income stood at Rs 191.05 lakhs versus Rs 318.60 lakhs a year ago. Profit before tax slumped to just Rs 0.89 lakhs (vs Rs 13.09 lakhs), and profit after tax came in at a marginal Rs 0.37 lakhs versus Rs 9.95 lakhs earlier, with basic EPS at Rs 0.01 versus Rs 0.09. Cost of materials consumed rose to Rs 181.52 lakhs from Rs 135.77 lakhs, suggesting margin pressure even as top-line shrank. The statutory auditors (Dinesh Kumar Goel & Co.) issued a clean, unqualified limited review report with no qualifications, emphasis of matter, or going concern flags.
This is a negative result for shareholders — both top-line and bottom-line have collapsed year-on-year, with the company barely breaking even on very thin margins. The stock is likely to react negatively given the steep fall in revenue and earnings, though the absence of any audit qualifications removes one potential area of concern.