Shiva Mills Limited has submitted to the Exchange, the Unaudited Financial Results for the quarter/3 months ended 30.6.2025.
SHIVAMILLS · price
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Shiva Mills Limited, a Coimbatore-based textile company, reported its Q1 FY26 unaudited results. Revenue from operations came in at Rs 3,756 lakhs, down from Rs 4,421 lakhs in the same quarter last year — a YoY decline of roughly 15%. The company posted a net loss of Rs 62.45 lakhs, an improvement from the Rs 85.44 lakh loss in Q1 FY25 and the Rs 76.83 lakh loss in Q4 FY25, but still in the red. Cost of materials consumed fell sharply to Rs 2,510 lakhs from Rs 3,560 lakhs a year ago, helping narrow the loss. Full-year FY25 audited figures show revenue of Rs 16,931 lakhs and a net loss of Rs 381 lakhs, indicating persistent annual losses. Statutory auditor VKS Aiyer & Co. issued an unqualified limited review report with no qualifications or emphasis of matter.
Shareholders should note that the company has now reported losses across multiple quarters and the full FY25, though the quarterly loss is narrowing. The continued revenue decline is a concern, but shrinking losses and lower raw material costs suggest some operational improvement; near-term profitability and revenue recovery remain key things to watch.