Manomay Tex India Limited has informed the Exchange regarding Board meeting held on August 13, 2025. Outcome of Board meeting - Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015
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Manomay Tex India's board met on August 13, 2025 and approved unaudited results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to Rs 16,393.67 lakhs from Rs 15,539.17 lakhs YoY, up about 5.5%. However, profit after tax dipped to Rs 444.85 lakhs from Rs 510.83 lakhs, and EPS fell to Rs 2.46 from Rs 2.83. Total expenses rose, partly due to higher other expenses of Rs 4,364.22 lakhs. The board also approved re-appointment of four Laddha family directors — Kailashchandra (Chairman), Yogesh (Managing Director), Kamlesh and Pallavi — each for a further 3-year term starting January 16, 2026, subject to shareholder approval. The 16th AGM is scheduled for September 17, 2025, with the register of members closed from September 11–17, 2025.
Mixed quarter — topline growth is positive but margins are under pressure with PAT declining despite higher revenue. Re-appointments are routine for the promoter-led company and unlikely to cause disruption. Investors should watch for AGM updates and any commentary on margin recovery in the textile segment.