Outcome Of Board Meeting And Unaudited Standalone Financial Results for the Quarter and nine months ended 31.12.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Riba Textiles, a terry towel manufacturer and government-recognised export house, reported weaker numbers for Q3 FY26 (ended Dec 2025). Revenue from operations fell to ₹63.03 crore from ₹75.69 crore in Q3 FY25, a drop of about 16.7%. Net profit for the quarter fell sharply to ₹1.18 crore from ₹2.91 crore, down nearly 60% year-on-year, with EPS dropping from ₹3.01 to ₹1.22. For the nine-month period, revenue declined about 14.6% to ₹182.32 crore (vs ₹213.52 crore), while net profit fell about 40% to ₹2.91 crore (vs ₹4.81 crore). Total expenses also came down, but the decline in topline was steeper, leading to PBT margin compression. The statutory auditor Ashwani K. Sindwani & Co. issued a clean (unqualified) limited review report with no qualifications, emphasis of matter, or going concern flag. The Board approved the results at its meeting held on Feb 12, 2026.
Negative for shareholders in the near term — both top line and bottom line have shrunk meaningfully versus last year, and profit is falling faster than revenue, suggesting pressure on margins. The clean auditor report and absence of exceptional items mean the weakness appears operational rather than driven by one-offs, which may weigh on the stock until revenue recovers.