We herewith enlose a copy of unaudited financial results as on 30/09/2025 to be published in the newspaper(both English and Tamil)
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri Nachammai Cotton Mills reported Q2 FY26 standalone revenue of ₹1,901.22 lakhs, up sequentially from ₹1,400.51 lakhs in Q1 FY26 but down from ₹1,715.91 lakhs in Q2 FY25. The company posted a net loss after tax of ₹104.93 lakhs for the quarter (EPS of ₹-2.45), compared to a loss of ₹51.35 lakhs a year ago. For H1 FY26, the firm swung to a reported net profit of ₹433.42 lakhs and EPS of ₹10.11, entirely driven by a one-time exceptional gain of ₹6.59 crores from the modification of redeemable preference share terms (extension of maturity by 7 years). Core operations remain in loss, with management citing weak yarn demand, unfavorable cotton-to-yarn price spread, and only one unit running on three shifts.
The reported profit is misleading — it stems from an accounting revaluation of preference share liabilities, not from operations. Underlying business continues to lose money, with revenue declining year-on-year. Shareholders should view the positive numbers cautiously; the stock may not get sustained benefit from this print until core operations turn profitable.