Seasons Textiles 40th AGM: revenue down, swings to profit, asset disposal on agenda
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On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 3.1 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Seasons Textiles held its 40th AGM on 19 Aug 2026. FY26 revenue fell to Rs 2,338.33 lakhs from Rs 2,739.81 lakhs in FY25, but the company posted a Rs 16.55 lakh profit versus a Rs 33.53 lakh loss last year. Auditors gave unqualified opinions. Three resolutions were passed, including approval to lease, sell or dispose of the companys undertaking under Section 180(1)(a). Management said it is exploring new international markets and is strong domestically, but gave no specific timeline for market cap growth.
Revenue declined but company returned to profit. Asset disposal resolution approved giving management flexibility. No concrete growth timeline shared.