Outcome of the Board Meeting held today i.e. 14th November, 2025
Price
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Awaiting price reaction for this filing.
Premier Synthetics Limited announced its unaudited financial results for Q2 FY26 (quarter and half year ended September 30, 2025), approved at the board meeting on November 14, 2025. Segment revenue from operations rose strongly from Rs 247.72 lakhs in Q2 FY25 to Rs 416.25 lakhs in Q2 FY26, an increase of about 68%. However, profitability weakened sharply, with standalone net profit for the quarter falling from Rs 10.02 lakhs in Q2 FY25 to just Rs 0.98 lakhs in Q2 FY26, indicating heavy margin pressure. Continuing operations appear loss-making, partly cushioned by profits from discontinued cotton yarn operations (manufacturing shut from January 1, 2024). The limited review report from Purushottam Khandelwal & Co. is clean with no qualifications or adverse remarks. On the balance sheet, trade receivables nearly tripled from Rs 215.11 lakhs to Rs 596.64 lakhs, and cash and equivalents remain very thin at Rs 3.24 lakhs.
Strong top-line growth is overshadowed by collapsing profits, surging receivables, and a near-empty cash position, which may weigh on the stock until margins recover and collections improve.