Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The Board of Omnitex Industries approved unaudited financial results for the quarter ended 30 June 2025, reviewed by statutory auditors M/s. JMT & Associates. Revenue from operations nearly doubled year-on-year to Rs. 26.54 lakhs (from Rs. 13.94 lakhs in Q1 FY25), though total income dipped marginally to Rs. 222.65 lakhs due to lower other income of Rs. 195.64 lakhs. The company swung to a net profit of Rs. 171.52 lakhs (EPS Rs. 4.08) compared to a loss of Rs. 145.15 lakhs in the same quarter last year. The prior-year loss was largely driven by an exceptional item of Rs. 255.84 lakhs related to a buyback of shares in Strata Geosystems, which is absent this quarter. The company operates only in the trading (fabrics/yarn) segment and has no subsidiaries or joint ventures.
Positive quarter with revenue growth and a return to profitability, though absolute numbers remain very small. Investors should note that the headline PAT swing is partly due to the absence of last year's one-time buyback loss rather than purely operational improvement.