Announced Fri, 14 Aug, 2026 · 17:05 IST
Shiva Suitings Q1 FY27 loss widens, revenue drops sharply YoY
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Shiva Suitings posted a net loss of Rs 3.73 lakhs in Q1 FY27 versus a profit of Rs 0.76 lakh YoY. Revenue from operations fell sharply to Rs 37.34 lakhs from Rs 87.06 lakhs YoY, about a 57 percent decline. EPS stood at minus 0.24 versus 0.05 earlier. Auditor V K Beswal gave an unmodified limited review report. Full year FY26 had ended in a loss of Rs 8.79 lakhs versus a profit of Rs 5.34 lakhs in FY25.
Likely market impact
Continued losses and falling revenue signal weak operating performance and raise concerns about near term recovery prospects.