Please find attached herewith Unaudited Financial Results of the Company for the quarter ended on 31st December, 2025 in due compliance of Regulation 33 of SEBI (Listing Obligations and ....
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Awaiting price reaction for this filing.
Minaxi Textiles reported total income of Rs. 450.86 lakhs for Q3 FY26, down sharply from Rs. 705.27 lakhs in the previous quarter and Rs. 592.20 lakhs in Q3 FY25. The company posted a net loss of Rs. 35.10 lakhs for the quarter, wider than the Rs. 19.11 lakh loss in Q2 FY26, though narrower than the Rs. 44.59 lakh loss a year ago. For the nine months ended December 2025, the company swung to a net profit of Rs. 141.63 lakhs versus a Rs. 123.78 lakh loss in the prior-year period, but this was almost entirely driven by a one-time gain of Rs. 303.93 lakhs in other income from the sale of leasehold land. Core operating performance remains weak, with consistent quarterly losses from the textile business. The auditor (Parth R Shah & Co.) issued an unqualified review report but drew attention to the going concern note.
Negative for shareholders: revenue is declining sharply and the textile business continues to post operating losses each quarter. The headline nine-month profit flatters the picture as it depends on a one-time land sale. The going concern flag, history of debt restructuring, and recurring cash losses signal continued financial fragility, which could weigh on the stock.