Quarter profit falls 61% after planned mill shutdown
KUANTUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Board approved unaudited September 2026 results. Revenue from operations declined slightly to Rs 276.51 crore from Rs 278.42 crore. Net profit fell to Rs 2.24 crore from Rs 5.77 crore, and EPS was Rs 0.26. Half-year revenue was Rs 582.85 crore versus Rs 502.63 crore, but profit fell to Rs 8.46 crore from Rs 17.83 crore. A planned shutdown for mill upgradation hurt output; production restarted August 26. Auditors found no material misstatement.
Profit pressure persists despite higher income. Restarted production may aid recovery, but half-year finance costs of Rs 31.06 crore remain high.