Pursuant to Regulation 33 & 30 of the SEBI (LODR) Regulations, 2015 please find enclosed herewith the following documents approved by the Board at their Meeting held on 12.02.2026 :- 1. ....
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The Board, at its meeting on 12.02.2026, approved unaudited financial results for Q3 and nine months ended 31.12.2025. Net sales for the nine months stood at Rs. 17,817 lakhs versus Rs. 19,813 lakhs in the corresponding period last year, a YoY decline of around 10%. Profit before tax for the nine months swung back to a positive Rs. 457.84 lakhs from a loss of Rs. 619.72 lakhs earlier. The statutory auditor (Subbachar & Srinivasan) issued an unqualified limited review opinion. The Board also approved the 3rd phase of the Rental Services Project worth Rs. 91 crore, re-appointed Sri. S. Pathy as Chairman & Managing Director for another 5-year term from 24.04.2026, and re-appointed M/s. Gurubatham & Associates as Internal Auditors for FY 2026-27.
Profitability has turned around compared to the prior-year period, which is a positive signal, although nine-month revenue has shrunk, indicating weak topline momentum in the core textile business. The Rs. 91 crore capex into Rental Services signals continued aggressive expansion in that segment, while continuity at the CMD level provides leadership stability for shareholders.