Sep 2026 half-year: revenue drops 98.5%, profit after tax slips 5.5%
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On the reaction day the stock moved 5.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Standalone half-year results to 30 September 2026 show revenue from operations of Rs 99.84 lakh versus Rs 6,669.42 lakh in the year-ago half-year, and profit after tax of Rs 7.39 lakh versus Rs 7.82 lakh. Net cash from operations was Rs 49.29 lakh. The auditor flagged an appealed Rs 506.12 lakh tax demand with no provision and unconfirmed receivables and payables. Earlier figures were restated.
The revenue collapse shows a major slowdown despite positive profit and cash flow. The tax appeal and unconfirmed balances add uncertainty.
The company's XBRL figures for this quarter look filed in the wrong unit: revenue reads ₹1.00 Cr against ₹66.69 Cr a year ago, about 67× smaller. A move that size is almost always a wrong unit, not a business, so nothing is computed from these figures and no number-based tags are set; the read above is the AI's, from the document.