Q1 FY27 results: Loss narrows to Rs 22.80L; revenue up about 10% YoY
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Katare Spinning Mills posted Q1 FY27 revenue of Rs 74.39 lakhs, up about 9.7% YoY from Rs 67.85 lakhs. Loss before tax narrowed to Rs 22.80 lakhs from Rs 26.34 lakhs. EPS stood at negative Rs 0.80 versus Rs 0.92 loss earlier. Cotton yarn segment reported Rs 52.83L revenue with Rs 27.93L segment loss, while solar power segment turned profitable at Rs 5.40L versus Rs 8.83L loss YoY. Operating cash flow remained negative at minus Rs 17.36 lakhs. Auditor issued a clean limited review report.
Company keeps posting quarterly losses though they are shrinking. Cotton yarn stays loss-making; solar is now profitable. Cash burn continues.