Loyal Textile Mills Limited has informed the Exchange regarding 'Machine Readable Form / Legible copy of Financial Results for the quarter ended 31.12.2025'.
LOYALTEX · price
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Awaiting price reaction for this filing.
Loyal Textile Mills reported a standalone revenue of Rs. 10,538 lakhs for Q3 FY26, down sharply from Rs. 15,528 lakhs in Q3 FY25 (a ~32% YoY decline). Nine-month revenue fell to Rs. 34,735 lakhs from Rs. 50,812 lakhs. The company continued to post losses, with a Q3 loss before tax of Rs. 1,886 lakhs and a nine-month loss of Rs. 5,489 lakhs on a pre-exceptional basis. Management booked a Rs. 376 lakh exceptional gain (asset sale and gratuity revision) and a Rs. 7.91 crore gain on sale of the SVTM unit in Naidupeta, which is shown under discontinued operations. The auditor (Brahmayya & Co.) issued an unqualified review report but flagged an Emphasis of Matter around liquidity constraints, scaling down of operations, asset monetization, and the ongoing turnaround plan. The consolidated results include a Rs. 194.85 lakh share of profit from joint venture Gruppo P&P Loyal SpA, whose results were not independently reviewed.
Despite narrowing losses and management's claim of EBITDA turning positive in the current quarter, the sharp revenue decline, continued bottom-line losses, and auditor's emphasis on liquidity constraints remain concerns for shareholders. The stock may remain volatile pending visible signs of the planned turnaround and operational profitability.