Salona Cotspin Limited has informed the Exchange regarding Outcome of Board meeting held on August 11, 2025 for quarter ended June 30, 2025.
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Salona Cotspin Limited announced its Q1 FY26 unaudited financial results, approved by the Board on August 11, 2025. Revenue from operations fell to Rs. 15,710 lakhs, down about 17% from Rs. 19,001 lakhs in Q1 FY25. Net profit after tax stood at Rs. 153 lakhs versus Rs. 227 lakhs in the same quarter last year, while EPS came in at Rs. 2.91 compared to Rs. 4.25. The company swung back to profit after posting a loss in Q4 FY25. Statutory auditors Gopalaiyer and Subramanian issued a clean limited review report with no qualifications.
The sharp YoY drop in both revenue and profit is a negative signal for the textile maker, though profitability is restored versus the previous quarter. Investors should watch for whether the revenue decline is a temporary demand issue or a structural trend.