Announced Mon, 1 Jun · 13:30 IST

Newspaper Publication of Financial Results for the quarter and year ended on 31.03.2026

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AI summary

Prakash Woollen & Synthetic Mills Ltd reported audited results for the quarter and full year ended March 31, 2026. Total income for FY26 stood at Rs 1,063.18 crore (Rs 10,631.80 lakh), marginally higher than Rs 1,051.94 crore (Rs 10,519.40 lakh) in FY25. The company swung to a net profit of Rs 125.57 lakh for the year (against a loss of Rs 8.88 lakh in FY25), significantly aided by exceptional items of Rs 105.38 crore (Rs 1,053.83 lakh), mainly profit on sale of land & building of Rs 99.30 crore. Excluding exceptional items, the company still posted an operational loss of Rs 10.58 lakh versus Rs 90.91 lakh loss a year ago. For Q4 FY26, revenue was Rs 119.44 lakh with net profit of Rs 14.45 lakh and EPS of Rs 1.41. The company also received government grants of Rs 27.10 lakh as capital subsidy and Rs 11.41 lakh as interest reimbursement. The business is seasonal in nature (blankets), making Q4 figures not representative of the full year.

Likely market impact

The headline profit is largely driven by one-time gains from selling land, not core operations, so shareholders should look at the underlying operational loss before exceptional items, which is still negative. Marginal revenue growth and improved cost management are mildly positive, but no material business expansion is evident.