Q1 FY27 Results: Revenue Rs 398.51L, swings to profit Rs 10.31L

Ashapura Intimates Fashion reported Q1 FY27 revenue of Rs 398.51 Lakhs, driven by a new whole grains (wheat) trading business commenced this quarter. The company swung to a net profit of Rs 10.31 Lakhs versus a loss of Rs 47.85 Lakhs in Q1 FY26. EPS stood at Rs 0.04. Total expenses were Rs 384.74 Lakhs. Prior auditor had issued a Disclaimer of Opinion on FY26 results, which had a Rs 30,131.14 Lakhs exceptional item. New auditor N.K. Sarraf & Associates reviewed these results. A Triparty MOU with Grow House Agro and Pervasive Commodities for Rs 21.30 crore consideration is in place, with excess funds booked as loans.