Unaudited Financial Results for the quarter ended on 31.12.2025.
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Prakash Woollen & Synthetic Mills, a maker of mink blankets, reported Q3 FY26 revenue of Rs 5,109.34 lakh, down about 10.5% from Rs 5,707.29 lakh in Q3 FY25. For the nine months ended December 2025, revenue fell to Rs 9,437.21 lakh versus Rs 9,920.39 lakh a year ago. The company posted a net loss of Rs 186.40 lakh in Q3 (vs Rs 496.07 lakh loss in Q3 FY25) and a 9-month loss of Rs 233.29 lakh (vs Rs 626.79 lakh), so the loss has narrowed sharply year-on-year even though the bottom line remains negative. An exceptional gain of Rs 47.82 lakh (profit on sale of land/building) was booked in Q2 FY26, and the prior full year had a much larger Rs 1,053.83 lakh exceptional gain that swung FY25 to a profit of Rs 125.65 lakh. The statutory auditor (Harshit Mehrotra & Associates) gave an unmodified limited review report, with no qualifications or emphasis-of-matter.
Top-line is shrinking but cost cuts and lower finance/depreciation charges are cutting losses meaningfully, which is a mild positive. However, dependence on one-off land sale gains to stay in the black is a red flag; the underlying business is still loss-making, so investors should watch for sustainable revenue recovery and margin improvement in coming quarters.