Annual Report FY26 filed; losses widened, turnover declined
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.0 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
46th Annual Report for FY ending March 2026 filed. Turnover fell to Rs 6452.91 lakhs from Rs 6917.34 lakhs. Loss after tax widened to Rs 379.75 lakhs from Rs 320.50 lakhs. Exceptional items of Rs 658.88 lakhs helped narrow pre-tax loss. No dividend declared due to losses. Auditor report is unqualified. Inter-corporate loans of nearly Rs 28 crore given to two parties at same Salem address.
Continued losses and no dividend are negatives. Widening net loss and falling revenue may weigh on sentiment. Going concern risk worth tracking despite clean audit.